Ledger expands its work with institutional investors – Bits Media

Cryptocurrency hardware wallet maker Ledger creates new division within Ledger Vault - Ledger Enterprise Solutions, to work with institutional investors.

According to Ledger's statement, the unit created on the basis of the Ledger Vault custodian solution will, Among other things, Consulting and aimed at working with corporate clients. The unit is already working 50 Human, The company plans to hire more 10 employees within 2021 of the year.

“Ledger Enterprise Solutions is the investment of our company in the future of large -scale financial introduction of cryptocurrencies and other digital assets with corporations”, – said Ledger Vice President for Business Residents Jean-Michel Payon (Jean-Michel Pailhon). “Our mission – do it, So that the digital assets industry turn into an industry with a turnover of several trillion dollars ".

Among Ledger customers– Donkey, Crypto.com, UpHold, Bank Frick, BitSamp, Nexo and others. Recently Exmo exchange said, What will connect Ledger Vault to increase user assets security.

The popularity of services for storage of digital assets is growing. Recently PayPal confirmed
purchase of a casteral startup Curv, And Anchorage received the casteic service
Banking license in the USA. The main factor in the growth of popularity was the increased interest in crypto actes from institutional investors. In this regard, more and more traditional financial institutions are considering the possibility of launching cryptocurrency services.

In February it became known, that the New York bank BNY MELLON opens
Digital assets unit will develop a platform for managing cryptoactives. Besides, In December, Standard Chartered said, what will launch the castodial service Zodia in 2021 year.