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Ledger Plans Fundraise, Weighs New York Listing Amid Record Demand for its Crypto Wallets

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French {hardware} pockets maker Ledger is weighing a New York itemizing because it prepares to boost new capital subsequent yr, with surging demand for crypto safety gadgets pushing the corporate towards its strongest monetary yr on document.

Key Takeaways:

  • Ledger is planning a New York itemizing or personal fundraise subsequent yr as demand for crypto safety gadgets reaches document highs.
  • The firm’s 2025 revenues hit triple-digit tens of millions, securing about $100 billion in Bitcoin for prospects worldwide.
  • Rising crypto thefts exceeding $2.1 billion this yr are driving traders towards Ledger’s chilly storage wallets for safer asset safety.

Chief govt Pascal Gauthier stated Ledger is exploring each a possible US itemizing and a personal funding spherical, as the corporate expands its presence in New York, according to a report from the Financial Times.

“Money is in New York immediately for crypto, it’s nowhere else on the earth, definitely not in Europe,” Gauthier advised the paper, noting that investor urge for food for digital asset infrastructure stays stronger within the United States.

Ledger Revenue Hits Triple-Digit Millions as It Secures $100B in Bitcoin

Ledger’s revenues have already hit triple-digit tens of millions in 2025, marking its finest efficiency so far — and that determine is predicted to develop additional as the corporate enters its peak season throughout Black Friday and the vacation purchasing interval.

The Paris-based agency, based in 2014, at the moment secures round $100 billion price of Bitcoin on behalf of shoppers and was final valued at $1.5 billion following a 2023 funding spherical backed by 10T Holdings and True Global Ventures.

The renewed investor curiosity in crypto safety comes amid an alarming rise in digital thefts. Criminals stole $2.17 billion price of digital belongings within the first half of 2025 alone, surpassing the entire for all of 2024, based on knowledge from Chainalysis.

As the wave of cybercrime intensifies, extra retail and institutional traders are turning to chilly storage wallets like these produced by Ledger, Trezor, and Tangem for safety.

Ledger has additionally been increasing its product line, launching an iOS app for enterprise customers and including native TRON help.

However, its new multisig pockets function has drawn combined suggestions from builders and long-time prospects over transaction charges.

The rise in safety issues extends past the digital realm. Earlier this yr, Ledger co-founder David Balland was kidnapped in France, with attackers demanding a €10 million crypto ransom earlier than being captured in Morocco.

Despite the dangers, Gauthier says Ledger’s mission stays unchanged: securing customers’ digital wealth as crypto adoption accelerates globally.

Crypto Crime Turns Violent as Illicit Transactions Top $40B in 2024

Illicit cryptocurrency exercise surged to at the very least $40.9 billion in 2024, based on Chainalysis, with the quantity more likely to develop as extra criminal-linked wallets are recognized.

Hacks alone accounted for $2.2 billion in stolen belongings, a 21% enhance from the earlier yr.

North Korean-linked teams, together with Lazarus and Tradetraitor, have been behind over 60% of these thefts, with main incidents just like the $300 million hack of Japan’s DMM Bitcoin exchange amongst their hits.

However, the threats transcend on-line exploits. Criminal teams are utilizing crypto to fund and conceal a wider vary of crimes, from funding scams and AI-enhanced romance frauds to drug trafficking and even bodily violence.

In one alarming case on May 13, 2025, the daughter and grandson of Paymium’s CEO have been almost kidnapped in Paris by masked males.

The publish Ledger Plans Fundraise, Weighs New York Listing Amid Record Demand for its Crypto Wallets appeared first on Cryptonews.

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