|Key People||Pascal Gauthier, CEO; Eric Larcheveque, Executive Chairman|
Headquartered in Paris, France, Ledger produces a small wallet called the Nano S which can be connected via USB to a computer. Ledger also produces Ledger Blue, which is larger and can be connected to both computers and smartphones via USB. Ledger's Nano X is an upgraded Nano S that can be controlled via a mobile app. Both devices handle a number of cryptocurrencies in addition to bitcoin.
Ledger has also developed software called Vault, which can hold numerous currencies in numerous accounts.
In May 2018, Ledger announced that it is joining the Japanese bank Nomura and investment firm Global Advisors to develop a regulated cryptocurrency safekeeping depository for institutional investors.
The French business magazine Capital reported on April 24, 2019 that Ledger had received a $2.9 million investment from South Korean Samsung, bringing Ledger's total funding to at least $85 million. In a related Tweet, Executive Chairman Eric Larcheveeque hinted that smartphone compatibility for Ledger drove the investment. Earlier in April French online news service Presse Citron reported that Ledger was considering laying off 20% of staff due to a persistent downturn in sales.
John Lothian News
Ledger was highlighted in a recap of Consensus 2018 by contributing editor Chuck Mackie. You can read the article here.
- WHAT WE DO. Ledger.
- Japan: Nomura Bank Announces Crypto Custody Solution For Institutional Investors. Cointelegraph.
- Samsung Invests $2.9 Million in Crypto Hardware Startup Ledger. CoinDesk.
- Leading Crypto Hardware Wallet Creator, Ledger, Considers Cutting Nearly 20 Staff Members. Bitcoin Exchange Guide.