Ledger, a French crypto wallet company, expanded its physical footprint in the U.S. Ledger, a crypto wallet technology provider, opened a new corporate office in New York City this week to expand its market share among U.S. institutions interested in crypto investment. By opening our New York office, we are placing Ledger Enterprise at the epicenter of the financial world to meet the growing demand for secure infrastructure, said Ledger CEO Pascal Guthier. Sebastien Badault, executive vice president of Ledger Enterprise, is moving to New York to lead the newly established office and spoke at Ledger NYC’s official opening event on Monday.
The U.S. is our biggest market, 40% of our business, and it has been for a long time because the crypto community has been strong here, Badault said. Ledger has had teams working in temporary office spaces in New York in the past, but the newly opened office just south of Union Square in downtown Manhattan is the company’s first permanent corporate location in the U.S. Lavallée said the newly opened NYC office will help support potential future partnerships in North America. Ledger Enterprise has two main components: a software platform for digital asset management and a hardware device for storing cryptographic keys and signing transactions.
The enterprise products also automatically create audit trails for every digital asset transaction. Ledger devices secure approximately 30% of bitcoin and dollar stablecoins held by retail investors globally. Tetra Digital Group, a Canadian digital asset infrastructure provider and custodian through Tetra Trust, is a North American client of Ledger’s enterprise division and uses Ledger Enterprise software and hardware. Andrews was chosen to support Ledger’s U.S. expansion.
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