Hardware wallet manufacturer Ledger is preparing for a major capital increase, likely next year.
According to a report in the Financial Times, the company is considering going public in New York or a private financing round.
CEO Pascal Gauthier is unequivocal about the location, stating that "me spending more time in New York is with the understanding that money is in New York today for crypto, it's nowhere else in the world."
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This move comes during Ledger's best financial year, with revenues already reaching hundreds of millions in 2025.
With a current valuation of $1.5 billion and a record year for crypto theft ($2.17 billion in the first half of 2025), Ledger is positioning itself at the epicenter of the growing digital security market.