Overview
- John Andrews, formerly head of capital markets and investor relations at Circle, becomes CFO to strengthen Ledger’s finance and investor engagement.
- Ledger opened a New York office backed by a multi-million dollar investment to serve as the hub for its Ledger Enterprise division.
- The firm is hiring across institutional and marketing roles to build services for banks, asset managers and other financial firms entering digital assets.
- Ledger is in early IPO discussions with Goldman Sachs, Jefferies and Barclays for a possible U.S. listing that reports suggest could value the company at over $4 billion.
- The hardware-wallet maker reports more than 8 million devices sold and a large share of retail-held stablecoins secured, while noting prior setbacks including a 2020 data breach and a 2023 DeFi-related exploit.