Ledger Partners with Pudgy Penguins: A Strategic Collaboration in the NFT Space
In a significant development within the digital asset ecosystem, Ledger, the renowned hardware wallet provider, has hinted at a potential partnership with Pudgy Penguins, one of the most prominent NFT collections. This collaboration, teased through official channels, marks a convergence of security and digital collectibles, potentially setting a new benchmark for NFT custody solutions. Industry experts speculate that the alliance could introduce innovative features, such as enhanced security protocols for NFT storage or exclusive perks for Pudgy Penguins holders utilizing Ledger’s technology. As of April 2025, details remain under wraps, but the crypto community eagerly anticipates further announcements that could reshape NFT ownership and security standards.
pic.twitter.com/PNdnRg9XPG
— Pudgy Penguins (@pudgypenguins) April 17, 2025
Just like Ledger included the eyes emoji in its tweet, Pudgy Penguins replied with the eyes emoji.
Finally, the company included geographic coordinates 25.2411° N, 55.2684° E, which point to Dubai. This could indicate a launch or reveal event.
However, the two companies have not yet provided additional information.
Notably, Dubai is one of the world’s major crypto hubs. One of the reasons is that the(VARA) has provided a clear framework for digital assets.
In March, the(DFSA) launched a Tokenization Regulatory Sandbox within the(DIFC). It provides crypto firms with a controlled environment to develop tokenized investment products.
Also in March, the Dubai Land Department (DLD) launched the pilot phase of its Real Estate Tokenisation Project, and DFSA gaveto offer regulated crypto services.
In May, the emirate will host HODL 2025, formerly known as the World Blockchain Summit.
You might also like FDUSD Reveals Strategic Integration With Ledger’s Off-Exchange Trading NetworkPudgy Penguins Partners With Lotte, Continues Expansion
On 18 April, Pudgy Penguins announced a partnership with the South Korean retail and entertainment giant.
The partners have launched a 500-strong collection, priced at $299 per NFT.
We will be partnering with Lotte’s Bellyland to do a limited run of Bellyland X Pudgy Penguin collectibles.
These collectibles will go live on Friday, April 18th at 9pm EST on https://t.co/7rUbs6adNa
There are only 500 collectibles made at $299 each. pic.twitter.com/XI2foFTNOo
Earlier in April, publicly traded Canadian companyannounced a partnership with Pudgy Penguins to launch a dedicated Solana validator. SOL Strategies’ validator program offers white-label infrastructure solutions and enables key partners to contribute to network security while earning staking rewards.
On March 20, digital asset and crypto fund management firmfiled an S-1 registration with thefor an ETF investing directly in Pudgy Penguins NFTs and thememe token. The proposed ETF would be the first in the United States to hold NFTs directly.
pic.twitter.com/bHKApQNvqX
— Luca Netz
PENGU is a meme coin launched by the creators of Pudgy Penguins on the Solana blockchain with plans to expand to Ethereum and other ecosystems.
At the time of writing, PENGU trades at $0.005191. It is up 4.1% in a day, 2.8% in a week, and 26% in a month.
It has decreased by 18% in a year. The coin hit its all-time high of $0.06845 in December 2024, dropping 92.4% since.
Meanwhile, in March this year,, the group behind thestablecoin, announced a strategic partnership with, Ledger’s off-exchange, to enable global market makers, institutional investors, and asset managers to leverage FDUSD for off-exchange settlements.
In April, Ledger announced that Layer-1 blockchainis live on Ledger Live Mobile. This move allows users to send, receive, and manage SUI coins “on the go.”
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