Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » New York Office Of Ledger To Focus On Vault Service For Institutions

New York Office Of Ledger To Focus On Vault Service For Institutions

Kelly Cromley by Kelly Cromley
Nov 26, 2018
in Market News, News
Reading Time: 2 mins read
0

Ledger, a manufacturer of hardware wallets for cryptos, declared the opening of a new office in New York this Monday. According to an explanation published on the blog by the company, the new office intends to improve the institutional business of the company.

The hardware firm also roped in Demetrios Skalkotos to lead the operations at the new office. Formerly Vice President of Intercontinental Exchange, Skalkotos served as Worldwide Head of Desktop Solutions and Content Acquisition for the exchange operator.

Pascal Gauthier, President of Ledger, said “New York City is the center of the financial world, hence having our Ledger Vault operations based in the region was a natural fit. Having spent his whole career working as a leader in enterprise and financial services products, Demetrios Skalkotos is the perfect candidate to bring Ledger Vault to life and oversee its continued growth.”

Now that Ledger has built a number of products for the retail market, it is trying to make progress towards the institutional cryptocurrency area. Since its specialty is in fact the construction of custodial products, institutional players are likely to welcome it.

This is because, as TradAir CEO Viral Tolat pointed out in August, custody is one of the biggest concerns of financial institutions in the area of cryptocurrency.

Ledger has built Ledger Vault in order to provide a solution worthy to these institutions. It claims that the item acts as a secure way to store cryptocurrency and enables multiple client access, as it is for institutional utilization. According to Ledger, Skalkotos will improve its Ledger Vault business, and the Ledger Vault will be the focus of the office in New York. Skalkotos indeed holds special work title of Global Head of Vault.

Skalkotos said “As crypto becomes more widely adopted, it is critical that we scale enterprise-level solutions accordingly. The Ledger Vault does just that — we are the necessary digital plumbing that will provide security custody management to the industry.”

Previous Post

Abu Dhabi Bank Settles Sharia-Compliant Bonds On Blockchain Platform

Next Post

Digital Securities Compliance Platform Raises $12.75mln

Related Posts

kraken

Kraken, BNB Chain, and Backed Collaborate to Tokenize US Stocks

by Kelly Cromley
Jul 11, 2025
0

Cryptocurrency exchange Kraken has announced a strategic collaboration with blockchain network BNB Chain and tokenization partner Backed, marking a new...

sft protocol partners with secondlive

SFT Protocol Partners with SecondLive to Advance AI in Web3

by Kelly Cromley
Jul 11, 2025
0

SFT Protocol has unveiled a strategic partnership with SecondLive, an AI-driven platform focused on modeling immersive digital environments. The alliance...

xstocks partners with bitget

Bitget Onchain Brings Tokenized Stocks to Crypto Traders

by Kelly Cromley
Jul 11, 2025
0

Bitget has expanded its Onchain platform by introducing support for tokenized stocks, enabling a direct link between traditional equity markets...

bluwhale partners with cdari

CDARI and Bluwhale AI Unite to Reshape Web3 Retail

by Kelly Cromley
Jul 11, 2025
0

CDARI has entered into a strategic alliance with Bluwhale AI, a platform that functions as the intelligence layer of Web3,...

ipepe partners with pop social

Meme Coin iPepe Teams Up with Pop Social for Web3 Overhaul

by Kelly Cromley
Jul 11, 2025
0

In a strategic effort to reshape the decentralized social media landscape, meme coin iPepe, which operates on the BNB Chain,...

web3 decision partners with arichain

Web3 Decision and Arichain Join Forces to Secure Web3 Future

by Kelly Cromley
Jul 10, 2025
0

Web3 Decision has entered into a strategic partnership with Arichain in a move seen as a major advancement in blockchain...

Next Post
Digital Securities Compliance Platform Raises $12.75mln

Digital Securities Compliance Platform Raises $12.75mln

  • Collé Ai

    Collé: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • Hyper Foundation Launched to Boost Hyperliquid Blockchain Development

    by Kelly Cromley
    Oct 15, 2024

Recent News

kraken
Market News

Kraken, BNB Chain, and Backed Collaborate to Tokenize US Stocks

by Kelly Cromley
Jul 11, 2025
sft protocol partners with secondlive
Market News

SFT Protocol Partners with SecondLive to Advance AI in Web3

by Kelly Cromley
Jul 11, 2025
xstocks partners with bitget
Market News

Bitget Onchain Brings Tokenized Stocks to Crypto Traders

by Kelly Cromley
Jul 11, 2025
bluwhale partners with cdari
Market News

CDARI and Bluwhale AI Unite to Reshape Web3 Retail

by Kelly Cromley
Jul 11, 2025
ipepe partners with pop social
Market News

Meme Coin iPepe Teams Up with Pop Social for Web3 Overhaul

by Kelly Cromley
Jul 11, 2025

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple News
  • Solana News
  • Tether News
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree