French crypto hardware provider Ledger is expanding its presence in the United States by opening a new office in New York. To lead this expansion, Ledger has appointed John Andrews as its chief financial officer. Andrews brings significant experience to his new role, having previously led capital markets and investor relations at Circle.
The New York office will serve as a hub for Ledger's institutional business, including its Ledger Enterprise platform, which provides custody and governance tools for digital assets. The company says this expansion is in response to growing demand from banks, asset managers, custodians, and stablecoin issuers seeking secure digital asset infrastructure.
This move comes as Ledger continues to grow its presence in the US market. In 2025, the company reported a record year in terms of revenue, and there have been reports of it exploring a US initial public offering (IPO) that could value the company at more than $4 billion.