Ledger in 2025: a pivotal year for security and digital identity

In 2025, Ledger, the French company specialising in digital asset security, consolidated its place among the key players in the crypto ecosystem. Facing a market marked by a surge in cyberattacks and growing adoption of blockchain technologies, Ledger stepped up its strategic announcements, reinvented its flagship products and deepened its vision of security beyond mere cryptocurrency custody. This article reviews the year's key milestones for the company, its products and its overall positioning.

One of the highlights of 2025 was the launch of the Ledger Nano Gen5, presented as the new benchmark in the range. Unlike previous hardware wallets, this device is designed to go beyond the traditional definition of a "mere hardware wallet". Ledger is now promoting the concept of a "signer", highlighting that its devices are no longer limited to storing private keys, but play an active role in authenticating transactions and the user's digital identity.

The Ledger Nano Gen5 features a large E Ink display, a redesigned touchscreen interface and certified secure components. These technical enhancements aim to improve transaction readability, reduce the risk of human error and support the broadening range of use cases linked to digital assets, NFTs and Web3 interactions.

In 2025, Ledger also evolved its software ecosystem with the transformation of Ledger Live into Ledger Wallet. This name change was accompanied by a deeper revamp of the interface, designed as a single gateway for managing digital assets and blockchain interactions.

Ledger Wallet allows users not only to store and manage cryptocurrencies, but also to interact with decentralised applications, track wallet activity and secure the signing of complex transactions. This development reflects Ledger's desire to align the user experience with Web3 standards while maintaining a high level of security.

In the autumn of 2025, Ledger hosted Ledger Op3n in Paris, an immersive event bringing together developers, businesses, investors and members of the crypto community. More than just a traditional conference, Op3n served as a showcase for Ledger's strategic vision surrounding security, digital identity and individual sovereignty.

The event also marked the launch of Ledger Replay, a roadshow format designed to share the announcements and insights presented at Op3n with various international communities. This approach underscores the importance Ledger places on education and building out the Web3 ecosystem.

The year 2025 was marked by an intensification of cyberattacks targeting centralised platforms, DeFi protocols and individual users. The sums stolen globally reinforced interest in offline custody solutions and self-custody.

In this context, hardware wallets continued to establish themselves as a preferred response to growing risks. Ledger benefited from this momentum, while facing heightened user expectations regarding transparency, usability and the understanding of security mechanisms.

During the course of the year, several analyses raised the possibility of an initial public offering for Ledger, particularly on a US market. Although no official announcement has been confirmed, this hypothesis illustrates the company's international ambitions and its desire to position itself as a major player in digital security beyond the cryptocurrency sector alone.

Such a move could allow Ledger to strengthen its research and development investment capabilities in an increasingly competitive and regulated environment.