Ledger IPO Plan Gathers Pace Amid $2.2B Crypto Theft Surge
Ledger, the Paris-based hardware wallet provider, is planning a US IPO in 2026 alongside a potential private funding round. This Ledger IPO push follows a record $2.2 billion in crypto thefts during H1 2025, fueling demand for Bitcoin security. Ledger protects $100 billion in BTC and expects a sales boost over the holiday season. The firm is expanding its New York team to tap institutional capital and crypto infrastructure. An internal debate over new multisignature fees highlights the balance between decentralization ideals and institutional-grade services. The planned Ledger IPO and possible private fundraising mark a strategic shift to leverage market momentum and bolster secure storage amid a surge in crypto theft.
Bullish
Ledger’s move to pursue a US IPO and private fundraising amid a $2.2 billion crypto theft surge signals growing institutional confidence in secure custody solutions. In the short term, the IPO narrative and expansion of the New York team may drive positive sentiment around Bitcoin security products, lifting demand for hardware wallets. Over the long term, heightened institutional involvement and robust funding support reinforce network trust and adoption of BTC, underpinning sustained price appreciation.