Self-custody is driving new crypto cycle of adoption
Ledger is emphasizing the importance of self-custody for digital assets, especially after over $3 billion in crypto hacks in 2024 heightened investor awareness. Following a major hack of the WazirX exchange in India, Ledger's executive vice president, Jean-Francois Rochet, pointed out the necessity for educational initiatives around the benefits of self-custody and digital security. To meet the rising demand for self-custody, Ledger is focusing on making its hardware wallets user-friendly, while prioritizing security. India, with its significant developer base, is seen as a key market for these wallets. Ledger's products include the popular Nano series and new touchscreen devices like Ledger Flex and Ledger Stax, catering to users seeking financial autonomy. The company is also introducing a clear-signing initiative to simplify smart contract data for everyday users. Overall, Ledger's commitment to security and user experience is intended to support the growing trend toward self-custody and digital ownership.
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