Ledger introduces institutional custodial trading network

By Lola Coin Jun 28, 202369Views

Paris-based crypto security firm, Ledger, has announced its expansion into the institutional trading space with the launch of a new trading network called Tradelink. This network will enable custodial trading through select exchange and custodial partners. Ledger aims to provide flexibility and security to institutions, allowing them to reduce counterparty risk and enable custodial trading for institutional investors. The company has secured several wholesale partners for the launch, including asset managers, custodians, and exchanges. Ledger’s announcement emphasizes the growing need to mitigate third-party risk in crypto trading, and Tradelink is positioned as a solution that eliminates network lock-in risks. Ledger, founded in 2014, is one of Europe’s largest crypto businesses and has sold over 6 million devices across 200 countries. In March, the company raised $108 million at a valuation of $1.5 billion.

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