Ledger Gains Traction as Crypto Security Becomes Priority
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Ledger, one of the world’s largest crypto hardware wallet makers, could soon list in the US, possibly exceeding a $4 billion valuation. The IPO talks reflect the increasing need for self-custody solutions as crypto theft hits record levels.
CEO Pascal Gauthier noted that hacks are on the rise, affecting both bank accounts and crypto holdings. Ledger’s hardware wallets provide offline storage for private keys, shielding assets from online attacks.
The company had a stellar 2025, with record revenue, as the crypto community seeks safer ways to protect their assets. Ledger’s US IPO could position it alongside other major crypto custody providers going public, such as BitGo, which debuted on the NYSE just last week.
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Why does they need to raise money?