Ledger’s New York Ambitions Signal Next Growth Phase for Crypto Security

Ledger is strategically positioning itself for a new phase of growth, with a capital raise planned for next year that could include a New York IPO.

This move, detailed in a Financial Times report, is backed by the company’s strongest-ever financials, including triple-digit million revenues in 2025. The decision to target New York is a calculated one, with CEO Pascal Gauthier citing the city as the undisputed global hub for crypto capital.

The fundraising will allow Ledger to aggressively compete in a security-focused market, where it already safeguards $100 billion in assets and is launching new products like an enterprise iOS app, even as it navigates mixed reactions to some of its recent feature rollouts.