Ledger Considers New York IPO as Crypto Theft Surge Boosts Wallet Sales
French crypto security company Ledger is weighing a New York stock market listing after a surge in cyberattacks pushed demand for its cold-storage devices to record highs in 2025.
CEO Pascal Gauthier told the Financial Times that the firm is having its strongest year since launching in 2014, with revenues now in the hundreds of millions as individuals and institutions race to safeguard their crypto holdings.
“Every day, hacking attempts are increasing – on your bank accounts, your crypto, everything,” Gauthier said. “And it’s not going to get better next year or the one after that.”
Ledger’s boom comes amid a wave of crypto thefts totaling $2.2 billion in just the first half of 2025, already surpassing all…
