• In the first half of 2025, crypto hackers stole digital assets worth $2.2 billion — more than in the entire previous year. Hardware wallet makers like Ledger are indirectly benefiting, posting record revenues.

  • “We’re getting hacked more and more every day… hackers are accessing your bank accounts and your crypto, and that’s not going to change next year or the year after,” said Ledger CEO Pascal Gauthier in an interview with the Financial Times.

  • Founded in Paris in 2014, the crypto firm has already booked hundreds of millions of dollars in profits this year. Demand surged even before the usual sales boost around Black Friday and Christmas.

  • Gauthier is now considering new fundraising options — either through an initial public offering (IPO) in New York or via a private funding round. Meanwhile, the company is expanding its U.S. presence and hiring more staff in New York.

  • According to Gauthier, New York is the true “crypto capital of the world”:

    “I spend more time in New York because this is where the money for crypto is today — nowhere else in the world, certainly not in Europe.”

According to the Financial Times, Ledger currently safeguards around $100 billion in Bitcoin for its clients. The company was valued at $1.5 billion during its 2023 funding round — a figure that’s likely much higher today.

Despite regular criticism from the Bitcoin community — mainly for not being fully open-source like Trezor or BitBox — Ledger remains the world’s leading hardware wallet manufacturer.

Recently, the company unveiled its latest device — the Nano Gen5, the fifth generation of its wallets. Read our full comparison of its strengths and weaknesses in the upcoming feature.

Learn more: Best Crypto Wallets 2026

If you’re choosing a hardware wallet or want to compare Ledger with other options, check out our latest list of the best crypto wallets — covering mobile, desktop, and hardware solutions with full details on privacy, fees, and security.