Ledger STAX first impressions: iPod of Crypto
Tony Fadell Is Trying to Build the iPod of Crypto.
iPod creator Tony Fadell designed a $279 credit card-sized device for storing your crypto. French startup Ledger debuted its new hardware crypto wallet, the Ledger Stax, on Tuesday. It resembles a smartphone but is roughly the same size as a credit card and, at about 45 grams, weighs less than an iPhone. Its launch comes at a time when trust in centralized crypto platforms is fading after the collapse of Sam Bankman-Fried’s FTX.
Crypto hardware wallets have gained traction in recent weeks, thanks to users wanting to self-custody their digital assets after industry-changing events like crypto exchange FTX exploding and halting customers from withdrawing their assets. Ledger’s chief experience officer, Ian Rogers, said the company had its biggest sales day ever, which ended its biggest sales week ever, in mid-November after FTX collapsed, which signals the demand for hardware crypto wallets is rising.
"Crypto is the new money
Security is a human right
Welcome to a new era of financial freedom"
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