Ledger May Lay Off 10% Staff

Currently, the total staff of the company is 200 people, so 20 people can lose their jobs
12 April 2019   288

Ledger hardware cryptocurrency wallets manufacturer is considering reducing 20 employees. It is reported by CCN with reference to the French edition of Presse Citron.

Currently, the total staff of the company is 200 people. Thus, the state can be reduced by 10%.

In 2017 Ledger’s monthly income from sales was about 10 million euros. The company’s website states that over 1.4 million Nano S devices have been sold so far, which makes Ledger the world leader in its market niche. The price of hardware wallets, depending on the model, is in the range of $ 60-270.

However, despite some deterioration in financial position, Ledger does not stop there, creating new products and services. So, in March, the company announced the launch of the Ledger Vault custodial service, which allows you to manage multi-signature wallets, as well as securely and efficiently store digital assets, including ERC-20 bitcoin and tokens.

In January, the French company introduced the Ledger Nano X - an improved version of the Ledger Nano S, with an enlarged screen, more storage space and Bluetooth support.

Ledger Nano S to Support Cardano

Ledger says the company sold more than 1.5 million hardware wallets and is the leader among manufacturers of such devices
28 March 2019   268

The French manufacturer of hardware wallets Ledger reported that Cardano is now available in the popular Nano S device.

The company's blog also says that Ledger Nano S is now compatible with the Yoroi wallet, developed by EMURGO, the Cardano business unit. In addition, the corresponding Ledger application can interact with the ADALite wallet.

According to representatives of Ledger, the company sold more than 1.5 million hardware wallets and is the leader among manufacturers of such devices.