Ledger Partners Up With iPod Designer To Launch New Crypto Wallet

Ledger, a security-focused company which sells crypto hardware wallets, has collaborated with Tony Fadell, the designer of the iPod, in the hopes of creating a simpler, more accessible means for customers to secure their cryptocurrencies.

Crypto hardware wallets have grown in popularity in recent weeks, owing to users wanting to self custody their digital assets in the aftermath of industry changing events such as the FTX and Terra disasters.

Following the FTX collapse, Chief Experience Officer Ian Rogers said the company had its biggest sales day ever, followed by its largest sales week ever, in mid-November, indicating that demand for hardware crypto wallets is rapidly increasing.

As per the company, it has sold over 5 million devices to customers in 200 countries and has secured approximately 20% of the global crypto assets held to date. The new Ledger Stax joins existing hardware products such as the Nano S Plus and Nano X.

Additionally, the new credit card-sized cryptocurrency wallet supports NFT collections along with more than 500 coins and digital assets. In the United States, the product shall be available for $279 in the first quarter of 2023 on the company&39s website or at retail stores such as Best Buy.

Lastly, according to Rogers, the first 10,000 products sold would include a free NFT which can be redeemed.