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Ledger

Hardware wallets and institutional crypto custody

Overview

Ledger provides a global platform for secure management of digital assets and Web3. It sells hardware wallets (Ledger Stax, Nano S Plus, Nano X) and the Ledger Live app, and offers Ledger Market for secure minting and first-sale distribution plus Ledger Enterprise for institutional custody and security. Private keys stay offline on hardware devices and transactions are signed through the app, with Ledger Live coordinating asset management across devices and services. Its breadth—consumer devices, enterprise services, and secure minting—helps people and institutions buy, store, swap, grow, and manage crypto assets while aiming to broaden trusted crypto adoption.

Significant Headcount Growth

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About Ledger

Simplify's Rating
Why Ledger is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

FintechCybersecurityCrypto & Web3Financial Services

Company Size

501-1,000

Company Stage

Series C

Total Funding

$584.4M

Headquarters

Paris, France

Founded

2014

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What believers are saying

  • Ledger Atom reservations opened October 15, 2026 with $849 Founder’s Edition demand.
  • Payward xStocks and Solana Mobile Seeker deepen Ledger’s exchange and consumer ecosystem reach.
  • November 2026 New York expansion and CFO hire signal institutional enterprise scaling.

What critics are saying

  • October 2026 hardware-implant theft showed reseller-channel compromise, not chip failure, still drained wallets.
  • Khunovich v. Ledger and the August 27, 2026 New York $500 million suit escalate liability.
  • Ledger Atom ships in 2027, so delayed certification or poor adoption becomes existential.

What makes Ledger unique

  • Ledger Atom, launched October 15, 2026, combines apps with Secure Element signing.
  • Ledger OS and Ledger Donjon create proprietary security hardening across 8 million devices.
  • Payward, Solana Mobile, and Kraken integrations embed Ledger into crypto transaction workflows.

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Funding

Total Funding

$584.4M

Above

Industry Average

Funded Over

7 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
$62M
$100M
$109M

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Stock Options
  • Paid Vacation
  • Hybrid Work Options
  • Wellness Program
  • Company Social Events
  • Commuter Benefits

Growth & Insights and Company News

6 month growth

2%

1 year growth

5%

2 year growth

5%
Yahoo Finance
Oct 15th, 2026
Solana Mobile puts its Seeker app on Ledger's new Atom device

Solana Mobile has named Ledger as its first hardware expansion partner. Ledger's new device, Ledger Atom, will come with Solana Mobile's Seeker app preinstalled, the companies announced on October 15, 2026 at the Ledger Op3n 2026 event. Seeker combines the Solana dApp Store and a wallet. Solana Mobile says Seeker has handled over $13 billion in transaction volume across 154 million transactions, and the store lists more than 1,500 apps. The company says it has sold over 200,000 phones since 2023. Ledger Atom runs on the Android Open Source Project, with a separate Secure Element chip running Ledger's own operating system. It will be sold only on Ledger's website, and reservations are open.

Bloomberg
Oct 15th, 2026
Ledger unveils $899 smartphone-like secure device after $90M crypto theft

Ledger SAS, a maker of crypto hardware wallets, is launching a smartphone-like device for users who want extra protection for their digital assets and online activity. The device costs $899. The launch follows a security incident involving some of the company's products. The title links it to a $90 million crypto theft.

Fortune
Sep 24th, 2026
Payward and Ledger partner to enable offline storage of tokenised stocks

Ledger and Payward, Kraken's parent company, have partnered to enable investors to store tokenised stocks offline using hardware wallets. The integration allows customers using Payward's xStocks platform to require a signature on their Ledger device before completing transactions. Ledger devices will also include an xStocks integration on their trading platform. Ledger executive Sebastien Badault said the service targets the company's 8 million customers who prefer self-custody and traditional investors concerned about hacking threats. Tokenised stocks received an SEC innovation exemption last year. Ledger is in discussions with Coinbase, Binance, and Robinhood, which have launched their own tokenised stock offerings. Currently, only Payward's tokenised stocks integrate with Ledger devices, including its Stax model designed by former Apple designer Tony Fadell.

Yahoo Finance
Sep 11th, 2026
Ex-Apple Music exec joins $1.5B startup Ledger to build security for crypto and digital identity

Ian Rogers, former head of Apple Music, has joined €1.5 billion security startup Ledger as chief human agency officer. Rogers previously built products at Beats, Apple, and LVMH, helping launch Apple Music in 2015. At Ledger, he's focusing on security and AI strategy for protecting digital assets like Bitcoin using secure hardware chips. The company employs technology similar to credit card security chips. Rogers began his career in the 1990s building early websites before moving into music technology. He sold two music applications to AOL and Yahoo, ran Yahoo Music from 2003 to 2008, and built Beats Music before its 2014 acquisition by Apple. He now works from rural Italy, applying lessons from Apple about ecosystem-building to cryptocurrency security. Rogers believes the next major consumer platform will centre on protecting money and identity.

Morpho
Jun 10th, 2026
Morpho Association Raises $175M To Build The Open Credit Network For The World

Morpho is an open credit network that connects lenders and borrowers to the best possible opportunities worldwide.

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