8. Market Opportunity & TAM

Veil sits across crypto, cross-border payments, remittances, DeFi, crypto cards, and neobanking, yielding a TAM of $700B–1.6T and a realistic SOM of $10–50B in annual volume over 5 years.

The whitepaper details segmentation into B2C and B2B, penetration targets, and volume.

Web3 neobanks target a $350B+ inflection:

stablecoins already process $250B+ daily (projected $4T supply by 2030)

crypto cards grow from $4.5B (2024) to $21.8B (2033) at 19% CAGR and $152B by 2031 at 1,420% surge

Neobanks overall explode 25x by 2032 amid 122M unbanked smartphone users and inflation crises (e.g., Argentina 178%).

Veil captures $100B+ addressable TAM across: stablecoin banking ($250B+ volume), crypto cards ($20B+), offshore/DAO treasury ($50B+ RWAs/DeFi), and AI financial services ($30B+ fintech yields). With Nubank proving $70B LATAM scale, Veil's privacy + compliance positions it to own the compliant on‑ramp for 1.5T crypto volume in emerging markets.