Ledger is planning a major expansion in the U.S., including a potential funding round or stock listing in 2026, following record sales revenue in 2025. The company’s move into New York reflects growing crypto capital concentration there. Security breaches and kidnappings have fueled demand for hardware wallets like Ledger’s. The company now safeguards over $100 billion in Bitcoin, cementing its position as a leading European crypto firm. Ledger has seen unprecedented success this year, with revenue soaring to hundreds of millions of dollars – a record since launch. This trend is expected to continue into the holiday season, further bolstering the company’s financial position. The surge comes at a time when digital asset security is under threat. Blockchain analytics firm Chainalysis reports that over $2.17 billion was stolen in the first six months of 2025 alone, highlighting the growing need for self-custody solutions like Ledger’s Nano wallets. This shift toward physical security coincides with an alarming trend: crypto theft leading to violent crimes targeting individuals and companies holding digital assets. Ledger co-founder David Balland was targeted by criminals demanding a €10 million ransom in cryptocurrency, underscoring the real-world dangers associated with crypto wealth. The company is strategically positioning itself for growth in the U.S., as institutional capital flows into America’s robust crypto ecosystem. While still headquartered in France, Ledger’s presence is solidifying its move towards becoming a truly global player. With competitors like Trezor and Tangem also benefiting from this heightened focus on security, Ledger aims to solidify its position as a leader by expanding into new markets and creating innovative solutions for the evolving crypto industry.