Ledger Just Launched a New Hardware Wallet for Your NFTs

The Alpha:

• The digital assets security firm Ledger has announced the release of a new device, Ledger Stax, according to a press release shared with nft now.
• For the release, Ledger teamed up with Tony Fadell, the designer of the iPod. The device features a curved E Ink display which displays users’ artwork of choice even when the device is off.
• Ledger Stax uses a USB-C connection to hook up to laptops and Bluetooth to connect to the Ledger Live Mobile app on smartphones. Ledger Connect, the company’s upcoming crypto wallet extension, will also enable it to connect to Web3 apps. Ledger Stax also supports wireless Qi charging.

Why it matters

Ledger is releasing its new wallet at a poignant time. In the wake of the FTX crypto scandal, both Web3 enthusiasts and skeptics are looking for ways to increase their security.

“With the Ledger Nano series, we created the most successful digital asset security hardware of all time—with more than 5 million sold and none ever hacked,” said Pascal Gauthier, CEO and Chairman of Ledger in the press release shared with nft now. “Digital assets are increasingly about identity and digital ownership, not just crypto like Bitcoin. The time is now for a device for more mainstream users. At the same time, we must not compromise on security.”