Ledger Plans US Debut After $2.2 Billion in Crypto Thefts Boosts Sales

Chief executive Pascal Gauthier told the Financial Times that both individuals and businesses are turning to Ledger’s products to keep their digital assets safe.

He said the company, founded in Paris in 2014, is seeing its strongest year yet as hackers become more active and attacks become more advanced.

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Gauthier said, "We’re being hacked more and more every day <...> hacking of your bank accounts, of your crypto, and it’s not going to get better next year and the year after that".

According to the Financial Times, citing Chainalysis data, crypto thefts reached $2.2 billion in the first half of 2025, which already exceeds all of 2024.

About one in four attacks targeted personal wallets. Currently, Ledger protects about $100 billion worth of Bitcoin BTC $85,972.86 and expects sales to rise further during the holiday shopping season.

The company plans to raise new capital next year. Gauthier said the options include another private funding round or a US stock market debut.

Ledger is also expanding its team in New York, which he described as the current financial center for cryptocurrency. He noted:

Money is in New York today for crypto, it’s nowhere else in the world, it’s certainly not in Europe.

Ledger recently launched its newest device, the Ledger Nano Gen5. What are its features? Read the full story.