Crypto-winter forces you to ask the right question and facilitate innovation, says Ledger CEO Pascal Gauthier

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Ledger regained its prominence soon after the company managed to sell 1.5 million units of Nano S hardware wallet and the launch of its successor, Nano X, in the middle of the crypto winter. This was followed by CEO Pascal Gauthier’s insightful interview with Bitcoin Magazine NL, in which the new CEO attributed the success to “close attention to user feedback”.

Gauthier expects Ledger’s next-gen digital wallet to succeed based on two key features of the product, namely, “on-the-go ledger” and “better parallel processing of the transactions”. The wallet currently supports prominent coins such as Bitcoin, Ethereum, and XRP, and the CEO hinted at adding more coins based on the community’s demand. The wallet ensures the private key’s security through a unique Bluetooth and hardware combination-based technology, which is detailed on the company website.

When asked about the crypto winter, Gauthier pointed out,

“Crypto winters bring innovation; it forces you to ask the right question. But like all weathers, this winter must also come to an end.”

He added,

“It’s time that the market stop making promises and starts delivering first.” Following the remarks “we not here to promote currencies”

Gauthier also clarified that the company never supported Bitcoin SV [BSV] and was not affected by its recent delisting.

As for Ledger’s future, Gauthier opined that business will mainly be driven by the crypto community’s demands, while Ledger will continue to expand its digital wallet capability to support new currencies and exchanges.


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