Ledger eyes NY listing as revenue hits triple-digit millions amid surge in hacks: FT

Navigating the Crypto Maze: Ledger's Surge Amid Heightened Security Concerns In the rapidly evolving cryptocurrency landscape, security has emerged as a critical concern for both individual investors and institutional players. As the industry grapples with a surge in high-profile hacks, one company has positioned itself as a leading provider of secure cold storage solutions - Ledger. According to the Financial Times, Ledger is now weighing a potential public listing in New York, driven by a remarkable surge in revenues that have reached triple-digit millions in 2025. This impressive financial performance is largely attributed to the growing demand for Ledger's hardware wallets, which offer a robust offline storage option in the face of mounting cybersecurity risks. The past few years have seen a worrying escalation in the frequency and sophistication of crypto-related hacks and heists. From the $600 million Ronin Network breach to the $100 million Harmony hack, these incidents have shaken investor confidence and highlighted the urgent need for reliable security measures. In this climate of heightened vulnerability, Ledger's hardware wallets have emerged as a trusted solution, providing an extra layer of protection against digital theft. Industry experts believe that Ledger's impending public debut could have significant implications for the broader cryptocurrency ecosystem. As a publicly traded entity, the company would gain access to greater financial resources, enabling it to further invest in research, development, and global expansion. This, in turn, could lead to increased adoption of cold storage solutions, potentially driving a shift in the way investors and institutions manage their digital assets. Moreover, Ledger's success could also prompt regulatory authorities to take a closer look at the crypto security landscape. Policymakers may seek to introduce more stringent guidelines and oversight, ensuring that industry players prioritize consumer protection and adhere to robust security standards. This could have far-reaching consequences, potentially shaping the future trajectory of the cryptocurrency market and the way it is perceived by mainstream investors. Looking ahead, Ledger's potential New York listing could signal a turning point for the crypto industry. As the demand for secure storage solutions continues to rise, the company's financial performance and market position could serve as a barometer for the broader market's appetite for reliable and trustworthy digital asset management tools. This, in turn, could spur innovation, attract greater institutional investment, and contribute to the overall maturation of the cryptocurrency ecosystem. In conclusion, Ledger's surge in revenues and its contemplation of a New York listing underscore the growing importance of security in the crypto space. As the industry navigates a complex landscape of hacks and regulatory scrutiny, the success of companies like Ledger could pave the way for a more secure and resilient digital asset ecosystem, ultimately benefiting investors, businesses, and the crypto community as a whole.