Ledger Crypto Wallet Security Leader Expands To New York To Onboard Institutions Into Vault Platform
Ledger Has Expanded To The New York City Market
One of the global leaders in securing of crypto assets, the Ledger company, has just gone ahead to announce that they have gone ahead to expand its current presence in the US to the New York City market. And from this, the company went ahead to appoint Demetrios Skalkotos as the lead in the global business unit, for the Ledger Vault, one that is proposed to be headquartered at the new offices.
The company was established as a multi authorization crypto self-custody management solution that was built to ensure it is able to secure the large amounts of digital assets expected to be stored in their system. The Ledger Vault has been considered to be one of the largest enterprises in offering security solutions to different financial solutions.
More On The Ledger Vault
The Ledger Vault will be providing its different users state of the art security; this will be achieved by integrating the custom operating system of the company, which is the BOLOS.
It will be integrated directly into hardware security module chip; thus, this will make the system to be the only asset protection company for the different crypto assets in the market that has been able to combine the secure chip with the company’s own custom operating system.
It will also be able to provide the information technology infrastructure firms to be able to have complete control and manage their crypto coins, and they will also be able to allow for custodians, traditional financial services and asset management firms to be able to trade or merely store their digital assets easily.
According to Skalkotos, the blockchain technology has been revolutionizing the financial systems, so the security solutions that protect it will also need to evolve accordingly.
Having a secure storage for the multi crypto coins is very complicated as it is not a problem that can easily be solved by merely implementing procedures within a system. And thus, institutions have gone a step further in looking for the best and safest storage options in the market that also have integrated governance policies, but without sacrificing the concept of convenience.
He further states that at the company firmly believe that investors should not have to compromise on anything. Therefore, they are able to provide financial institutions, fund managers and officers a reliable governing framework and a secure software that will allow the investors the needed control plus security without having to sacrifice speed.
Skalkotos has been serving in several senior leadership roles at different internationally recognized companies, thus, able to acquire decades of experience in running global infrastructure and software businesses. With all this backing he has been able to fully understand this ever growing industry making him well positioned in helping the financial institutions within the market.
About The Ledger Company
The company was founded back in 2014, and since then it has been considered as the leader of infrastructure and security solutions within the crypto market and blockchain technology. The company has a headquarter in San Francisco and Paris and a team of about 160 professionals that have been developing several services and products that will safeguard the client’s assets; this is for both companies and individuals within the market.
In 2018 the company was named as one of the Hottest Startups in Paris, this is according to the WIRED magazine.