February 6, 2023

Today Ledger, the global leader in critical digital asset security, unveiled its latest product, Stax ledgerat the Ledger Op3n event in Paris.

Founded in Paris in 2014, Ledger has served more than 1.5 million users and sold more than 5 million devices to consumers in 200 countries and 10 languages. As the industry leader in hardware wallets and protecting digital assets, Ledger’s products are best known for their uncompromising design and functionality of what a future “hard wallet” might look like.

Recent statistics have shown that 20% of the world’s crypto assets are secured by the France-based company, as well as services that support trading, buying, spending, earning and digital collectibles.

Not your keys, not your coins

The recent collapse of FTX and significant loss of funds has been a wake-up call and has undoubtedly shaken the confidence of crypto investors, who are now faced with the challenge of how to better protect their funds from third-party exchanges in the future .

Given the current climate in crypto, investors are turning their attention to self-custody and those technologies that enable individuals to retain full ownership of their digital assets.

ledger said Hypebeast at Ledger Op3n that it recorded a sharp increase in demand for its devices, with exchange outflows reaching an all-time high in November, demonstrating a shift in consumer behavior toward migrating investments to hardware devices that are not directly tied to a third-party exchange.

A ‘User-Delightful’ tool

Now Ledger introduces the next step in secure hardware wallet architecture, an upgrade of one of its more popular products – the Ledger Nano Sa small device that allows individuals to store and secure their digital assets.

Today’s reveal Stax ledger sheds new light on accessibility and usability through its sleek design and interface:

“With the Ledger Nano™ series, we have created the most successful digital asset security hardware of all time – with more than 5 million units sold and none ever hacked,” Pascal Gauthier, CEO and Chairman of Ledger, told Hypebeast. “Digital assets are increasingly about identity and digital ownership, not just crypto like Bitcoin. It is now time for a device for more mainstream users. We must not compromise on security. This is Ledger Stax—secure and accessible.”

To bring this product to life, Ledger teamed up with Tony Fadell, the famed builder of the original iPodto bring clarity and confidence to the next era of owning and protecting digital assets.

The “father of the iPod” has been actively involved in the development of many other products in Apple’s pipeline, including his role as co-creator of the iPhone. Those who can get their hands on the new Ledger Stax will certainly feel the nostalgia and similar aesthetics that reflect Fadell’s previous work and are embedded in the device’s design and functionality.

“Dwelling into Ledger’s proven security technology and trying out the ‘best’ hardware wallets out there has convinced me to build a next-gen device with Pascal, Ian and the great Ledger team said Fadell, who also serves as a Principal at Build Collective. “We have a user-friendly…no! An ‘easy to use’ tool to bring digital asset security to the rest of us, not just the geeks.

Equipped with a high-resolution screen for managing and monitoring an individual’s accounts, Ledger Stax also provides users with the most immersive experience yet for a device of this size. In collaboration with Layer, the Stax’s design features a credit card-sized device with integrated magnets, making them easily “stackable,” specifically tailored for individuals who own multiple devices.

As the market’s first hardware wallet capable of displaying digital art, the Stax’s user interface is highly customizable, allowing individuals to personalize their screen with their favorite artwork or design while allowing clear, intuitive engagement. The “E-Ink” display, which extends from the front of the device and curves around the spine, allows a person to see full transaction details at a glance.

And the overall lifespan of the device is more than sustainable, as the battery lasts for weeks or even months on just one full battery charge.

Ledger Stax isn’t just a sophisticated piece of hardware; it’s an evolution in the way we think about digital security, allowing users to intuitively manage their accounts and assets. \

“Tony Fadell has both the circuit board and billboard in mind when he builds a product,” said Ian Rogers, Chief Experience Officer at Ledger. “With Ledger Stax we have created a device that is cool, beautiful and fun. Together, we’ve fused Ledger’s uncompromising security and self-protection culture with the equally uncompromising user experience-focused culture of Tony and his team. The result is the first true, secure consumer hardware device for the revolution of value brought by blockchain technology.

Ledger Stax will be available in the first quarter of 2023, but can be pre-ordered on Ledger.com starting today. Ledger also told Hypebeast that the latest device will eventually be available for purchase at select retailers such as Best Buy in the United States.

For more information on the Ledger Stax launch, visit our Web3 section on Hypemoon.com.

Disclaimer: This is a sponsored post from Ledger.

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