Ledger Eyes New York IPO as Crypto Hardware Wallet Demand Surges Amid Record Hacks
Ledger, the Paris-based maker of cryptocurrency hardware wallets, is weighing a potential New York initial public offering or private fundraising next year as demand for secure offline storage rises amid record levels of crypto theft.
Chief executive Pascal Gauthier told the Financial Times on Sunday the company is expanding its presence in the United States, where he said investment capital for crypto businesses remains most accessible. “Money is in New York today for crypto — it’s not in Europe,” he said.
Founded in 2014, Ledger produces USB-style devices that store digital assets offline. The company secures about $100 billion worth of bitcoin and other cryptocurrencies for customers and reported revenues in the…
