Ledger Capitalizes on Crypto Security Concerns with Record Growth and Planned IPO
Ledger, the French hardware wallet manufacturer, is riding a wave of unprecedented demand as cybersecurity threats escalate across cryptocurrency markets. Revenue surged to hundreds of millions in 2025 following the U.S. launch of its crypto payment card, with CEO Pascal Gauthier calling it the company's "best year" to date.
The crypto industry suffered $2.2 billion in thefts during the first half of 2025, with nearly a quarter targeting individual wallets. This security crisis has driven both retail and institutional investors toward cold storage solutions. Ledger now plans a 2026 New York IPO, positioning the U.S. as crypto's new financial nucleus.