French crypto hardware wallet provider Ledger is considering a New York listing as cyberattacks surge, driving record demand for its devices and pushing revenues into the triple-digit millions by 2025. CEO Pascal Gauthier notes a rise in hacks targeting bank accounts and crypto assets, with $2.2 billion stolen in 2025’s first half.

Ledger secures $100 billion in Bitcoin for customers and plans to raise funds next year through a private round or US listing. The company, valued at $1.5 billion in 2023, is expanding its New York team, emphasizing the city’s crypto financial hub status. Competitors such as Trezor and Tangem exist, but Ledger leads the market.

Ledger’s launch of a new multisignature interface has drawn mixed reactions from users, with praise for technical advancements but criticism for the new fee structure. The $10 flat fee per transaction and 0.05% variable fee for token transfers have sparked backlash, with some accusing Ledger of straying from its Cypherpunk roots.

Read more at Cointelegraph: Ledger Eyes New York Listing as Revenue Soars Amid Surge in Crypto Hacks