Ledger Eyes New York IPO as Hardware Wallet Demand Surges

French cryptocurrency hardware wallet manufacturer Ledger is reportedly exploring an IPO in New York or a fundraising round.

While demand for self-custody solutions is climbing amid rising digital asset theft, the move signals growing confidence in the sector’s monetization potential.

Ledger’s IPO exploration comes as the hardware wallet sector experiences renewed momentum. Security concerns and regulatory shifts are driving this growth. Industry data shows $2.17 billion in cryptocurrency stolen during the first half of 2025, surpassing the total for 2024.