Ledger Wallet strengthens U.S. push with new CFO John Andrews and NYC office

Ledger’s latest move to accelerate its U.S. strategy combines a high-profile leadership hire with a major New York investment centered on the ledger wallet ecosystem.

John Andrews named Chief Financial Officer to steer U.S. growth

Ledger, a global leader in digital asset security for individuals and institutions, has appointed finance veteran John Andrews as its new Chief Financial Officer, while opening a U.S. office in New York City as part of its largest market expansion.

Andrews brings more than 25 years of leadership across corporate finance and financial services. He joins Ledger from Circle, where he served as Head of Capital Markets and Investor Relations, advising some of the world’s leading financial institutions.

Moreover, his background at the intersection of traditional finance and crypto is expected to be central to Ledger’s U.S. strategy, as demand from banks, asset managers, custodians, and stablecoin issuers for secure digital asset infrastructure continues to rise.

Multi-million-dollar New York investment and new U.S. hub

The new New York office forms part of a multi-million-dollar investment to expand Ledger’s footprint in the United States, creating dozens of roles across Ledger Enterprise and marketing functions as institutional adoption accelerates.

Ledger currently helps secure more than 30% of dollar stablecoins held by retail investors, while global digital asset adoption keeps growing. Consequently, the company is positioning its U.S. operation to meet rising demand from financial institutions seeking secure, scalable infrastructure.

The office will act as a strategic hub for Ledger’s institutional business, supporting the scaling of its infrastructure platform for institutions adopting digital assets, including the ledger wallet ecosystem that underpins its consumer presence.

Institutional focus with Ledger Enterprise and multisig solutions

“John Andrews brings the institutional rigor and financial leadership necessary to scale Ledger’s global vision,” said Pascal Gauthier, Chairman and CEO of Ledger. “His deep experience at the intersection of traditional finance and digital assets is exactly what is required as we deepen our footprint in the United States.”

Gauthier added that by opening the New York office, Ledger is placing Ledger Enterprise at the heart of the financial world to answer the growing need for secure infrastructure and cryptographic certainty that only its technology aims to provide.

With Ledger Enterprise Multisig and Ledger Enterprise Tradelink, the company says it is giving banks and asset managers tools to govern and trade digital assets with tighter control, further anchoring its role in institutional crypto services.

AI-accelerated security and human-in-the-loop innovation

The expansion also aligns with Ledger’s development as an AI-accelerated security company, investing in teams that merge hardware security, cryptography, and artificial intelligence to protect digital assets and digital identity at scale.

Teams across Ledger are empowered to use AI to enhance productivity and creativity. However, the company stresses a human-in-the-loop approach, relying on internal talent and category expertise to supervise and refine AI-enhanced workflows.

This combination of hardware, cryptography, and AI is designed to address the billions lost annually to hacks, scams, and mismanagement, maintaining the brand’s focus on uncompromising security.

Andrews on joining Ledger at a key inflection point

“Ledger has built the most trusted security platform for digital assets,” Andrews said, underlining the firm’s reputation in the institutional market and among retail users worldwide.

He noted that as institutions increasingly seek secure infrastructure to operate in the digital asset ecosystem, Ledger is well placed to support that transition and capture a larger share of that market.

Moreover, Andrews said he is excited to join at such an important moment for the company’s growth, expressing gratitude to Gauthier for the trust placed in him and highlighting the talent and industry respect of the broader Ledger team.

New York office opening and strengthened U.S. ties

The New York office further deepens Ledger’s ties to the U.S. market and follows a multi-year global partnership agreement with the historic San Antonio Spurs, which has already enhanced the brand’s visibility in its top market globally.

The opening will be celebrated on March 23rd with an event bringing together industry leaders, partners, and members of the digital asset ecosystem, underscoring New York’s role as a hub for crypto and fintech innovation.

That said, the company is framing this event not only as a launch but as a signal of its long-term commitment to building institutional relationships in the United States.

Global reach and market share in Bitcoin and stablecoins

Ledger has sold more than 8 million devices across 165+ countries and secures over 20% of the world’s crypto, underscoring its scale as a hardware-based security provider.

Almost 30% of BTC and more than 30% of dollar stablecoins held by retail investors are secured by Ledger, giving it significant influence in the retail market for self-custody and security.

Furthermore, the firm says its infrastructure secures billions in digital value, reflecting a growing reliance on its technology by both individual and institutional users.

About Ledger and its security-first design

Founded in 2014, Ledger is positioned as a global leader in digital asset security for individuals and institutions, with a product stack spanning hardware devices, software, and enterprise solutions.

The Ledger Wallet app, an all-in-one crypto interface, offers a complete, secure platform where users can buy, sell, swap, spend, and earn rewards with their crypto, using Ledger’s iconic signers for transaction security.

With more than 8 million signers sold in 165+ countries and support for 10+ languages, Ledger helps users exercise digital ownership, portfolio management, and control while keeping private keys protected in dedicated devices.

Ledger is secure by design, anchored by its world-renowned white-hat security team, Ledger Donjon, which works to safeguard not only the company’s own products but the broader digital asset ecosystem.

As billions are lost each year to hacks, scams, and operational failures, Ledger aims to deliver peace of mind and true control to its community, promoting robust self-custody over generic hardware wallets.

In summary, the appointment of John Andrews as CFO and the opening of the New York office signal Ledger’s intent to accelerate its U.S. expansion, deepen institutional relationships, and reinforce its leadership in digital asset security and infrastructure.