The world's leading Cold Storage maker Ledger is planning to raise more Capital in 2026, as surging demand for digital asset security has helped the company post its most impressive business results ever. According to information from the Financial Times , Ledger's revenue in 2025 has reached hundreds of millions of dollars, even before entering the bustling Black Friday and Christmas shopping season - the period that usually brings in the biggest sales for the company.
Ledger CEO Pascal Gauthier said the company may list in New York or conduct a Capital round, and is expanding aggressively in the city. “I spend more time in New York because the money in crypto is now mainly here, not in Europe,” he said.
The move comes as Ledger manages and protects over $100 billion worth of Bitcoin for global customers, cementing its position as one of the leading brands in digital asset security. The company was valued at $1.5 billion by 2023 after receiving investments from major funds such as 10T Holdings and Singapore's True Global Ventures.
Ledger also recently launched an iOS app for enterprise customers, and added native support for TRON, expanding its multi- chain capabilities. However, the company’s new multi- Multisignature wallet feature has generated a lot of controversy among developers and veteran users – a sign of growing competition in the hardware wallet market.
Ledger is currently competing head-to-head with Trezor (Czech Republic) and Tangem (Switzerland) in the race for cryptocurrency security market share. The market landscape in 2025 is particularly sensitive as this is one of the worst years for cryptocurrency security. A report from Chainalysis said that in the first half of 2025 alone, cyberattacks cost criminals $2.17 billion, more than the entire year of 2024.
