Hardware wallet manufacturer Ledger is reportedly evaluating a potential public listing on the New York Stock Exchange following exceptional financial performance in 2025. According to Financial Times reports, the company achieved triple-digit million-dollar revenues, marking a significant milestone for the cryptocurrency security firm.
The substantial revenue surge coincides with increased global demand for secure digital asset storage solutions. Industry analysts attribute this growth to rising security concerns within the digital currency ecosystem, where sophisticated cyber attacks have prompted both institutional and retail investors to seek enhanced protection measures for their holdings.
Ledger’s hardware wallets, which store private keys offline in what’s known as cold storage, have become increasingly vital infrastructure components as digital asset adoption expands. The company’s potential NYSE listing would represent a landmark moment for cryptocurrency security providers seeking mainstream financial market recognition.
Market observers suggest that successful public listing plans could accelerate institutional adoption of secure storage solutions while potentially setting valuation benchmarks for other cryptocurrency infrastructure companies. The move would also provide Ledger with additional capital to expand its security product offerings and global market presence amid growing competition in the digital asset protection sector.

