Key Highlights:
- Approximately 500 digital assets can be stored in a new crypto wallet from Ledger that was developed in collaboration with Tony Fadell, the co-creator of the iPod and iPhone.
- The first quarter of 2023 will see the start of Ledger Stax’s delivery, with a $279 suggested retail price. On Tuesday, pre-orders became available.
- The item resembles a miniature smartphone or credit card reader and is 45 grams heavy, 85 millimeters long, and 54 millimeters wide.
Ledger, a company specializing in security and providing crypto hardware wallets, has teamed up with Tony Fadell, the man behind the iPod, to develop a simpler, more user-friendly method for customers to secure their crypto assets.
After FTX failed in mid-November, according to Ian Rogers, chief experience officer at Ledger, the firm experienced its greatest sales day and week ever, which indicates a growing market for hardware cryptocurrency wallets.
According to the eight-year-old business, 20% of all global crypto assets stored globally are secured by the company, which has sold more than 5 million devices to users in 200 countries. Ledger Stax, a recent addition, joins other hardware offerings, including Nano S Plus and Nano X.
About the new wallet
“The time is now for a device for more mainstream users,” according to Pascal Gauthier, CEO and chairman of Ledger.
The price of the new wallet is $279. The devices, for which pre-orders have already begun, will begin shipping in Q1 and go on sale at a few special stores like BestBuy in the United States. In addition, Ledger will release gadgets and NFTs that grant access to partner artists’ work and other advantages.
