Ledger Eyes New York Listing as Demand for Crypto Security Hits Record Levels
Ledger, the French hardware wallet manufacturer that helped pioneer crypto self-custody, is preparing for a new phase of growth as global demand for secure storage devices surges to record levels.
The company, headquartered in Paris, is now exploring options to raise fresh capital — potentially through a major funding round or even a public listing in New York next year.
CEO Pascal Gauthier has made no secret of his ambition to anchor the company more deeply in the U.S. “New York is where the capital is today,” he told Financial Times reporters. “If you’re building for the future of crypto finance, that’s where you need to be.”
Ledger’s timing couldn’t be better. The firm’s 2025 revenues have already climbed into the high hundreds of millions, marking its strongest year since launch. Demand has been fueled by an unprecedented wave of crypto thefts and exchange hacks that eroded public trust in centralized platforms. Data from Chainalysis shows criminals stole over $2.17 billion in digital assets in just the first half of 2025 — more than in the entire previous year.
As investors pull assets off exchanges, Ledger’s hardware wallets have become synonymous with security. The company’s Nano series and its enterprise custody tools now safeguard roughly $100 billion worth of Bitcoin and other cryptocurrencies.
READ MORE: Wall Street Hedge Funds Quietly Move Deeper Into Crypto
Founded in 2014, Ledger has steadily evolved from a niche startup to a global fintech player, previously valued at $1.5 billion after a 2023 round backed by 10T Holdings and Singapore’s True Global Ventures. This year, the company expanded its enterprise offerings with an iOS app, integrated support for the TRON network, and introduced a multisignature wallet option aimed at institutional users — though that feature has sparked debate among crypto developers.
Ledger’s ambitions also highlight a wider trend: the resurgence of investor interest in self-custody solutions. Competing manufacturers like Trezor and Tangem have reported similar growth as more users opt to manage their assets directly. Yet Ledger’s global reach and brand recognition give it a clear lead.
Despite setbacks — including the shocking kidnapping of co-founder David Balland earlier this year — Ledger has maintained its momentum. As Gauthier spends more time courting investors in New York, the message is clear: Ledger intends to secure not just its customers’ assets, but its place at the heart of crypto’s next institutional wave.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
