Ledger is weighing a Recent York checklist after revenues hit triple-digit hundreds and hundreds in 2025, driven by story crypto hacks and rising question for frigid storage wallets.
French crypto hardware wallet supplier Ledger is pondering a Recent York checklist as surging cyberattacks force story question for its hardware devices, sending revenues soaring into the triple-digit hundreds and hundreds in 2025.
CEO Pascal Gauthier as of late told the Financial Times that the firm, based mostly in Paris in 2014, is seeing its most effective 365 days but as both people and companies bustle to protect their digital property from an increasing number of sophisticated hackers.
“We’re being hacked an increasing number of every day … hacking of your bank accounts, of your crypto, and it’s now not going to enhance next 365 days and the 365 days after that,” he acknowledged.
The enhance comes amid a story 365 days for crypto-connected thefts. Hackers stole $2.2 billion value of digital property within the predominant half of of 2025, surpassing the final for all of 2024. About 23% of these attacks targeted person wallets, the FT reported, citing Chainalysis.
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Ledger secures $100 billion in Bitcoin
Gauthier acknowledged Ledger secures about $100 billion value of Bitcoin (BTC) for purchasers, and may well maybe additional internet pleasure from seasonal spikes during Dim Friday and Christmas.
He added that the firm is preparing to steal funds next 365 days, both via a interior most spherical or a US checklist. He added that Ledger is growing its Recent York headcount, noting that “money is in Recent York this day for crypto, it’s nowhere else within the enviornment, it’s completely now not in Europe.”
Opponents such as Trezor and Tangem also provide “frigid storage” wallets, nonetheless Ledger stays basically the most prominent title within the market. The firm modified into once last valued at $1.5 billion in 2023, backed by 10T Holdings and Compatible Global Ventures.
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Ledger’s original multisig app sparks backlash
Final month, Ledger launched a brand original multisignature (multisig) interface, drawing combined reactions from users. Whereas many praised the meat up as a sturdy technical step ahead, the original price structure, in conjunction with a $10 flat price per transaction and a 0.05% variable price for token transfers, brought about criticism from aspects of the crypto community.
Builders fancy pcaversaccio accused the firm of straying from its Cypherpunk roots, claiming Ledger is popping its app true into a centralized “choke level” to extract income from users.
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