Ledger Adds Celo Support for Cross‑Chain Send, Receive and Swaps

Published: 2025-12-04 10:17:36 |

Ledger has expanded asset coverage by deepening its integration with Celo, an Ethereum L2 focused on low-cost, global payments. The Ledger Wallet — first integrated with Celo in 2022 — now supports expanded Celo‑native assets and functionality, including cross‑chain sending, receiving and swapping. Supported assets include the native governance token CELO and Mento Labs’ local stablecoins that track cUSD, cEUR, cCOP, cGHS and cREAL. Benefits highlighted by Celo and Ledger include sub‑cent transaction fees, one‑block finality, fee abstraction and reduced arbitrage and global payment costs for users. This integration comes months after Ledger launched its Enterprise Mobile App for institutional clients, which added remote transaction approvals and Clear Signing to mitigate blind signing risks. For traders, the update increases on‑chain usability for Celo assets and may improve liquidity and accessibility for CELO and Celo stablecoins.

Neutral

This integration is primarily a usability and infrastructure improvement rather than a market-moving product launch or large capital commitment. Expanding Ledger Wallet support for Celo native tokens and Mento Labs stablecoins should gradually increase on‑chain utility, reduce friction for custody users, and may modestly improve liquidity for CELO and associated stablecoins. However, there is no immediate catalyst for a sharp price move: the update does not change tokenomics, introduce new listings on major exchanges, or announce substantial institutional adoption. Short term: traders may see minor buy interest as accessibility improves or on spikes in usage. Long term: consistent wallet support can strengthen investor confidence and on‑chain activity, supporting steadier demand and lower spreads. Comparable events — e.g., hardware wallet integrations or protocol wallet support expansions — typically produce neutral to mildly bullish effects on the relevant assets as accessibility and utility grow over months rather than days.