Ledger, the Paris-based crypto security firm behind popular hardware wallets, has named John Andrews as its new Chief Financial Officer. A former executive at Circle, Andrews led investor relations and capital markets during Circle’s push for a public listing.
In his new role, Andrews will drive Ledger’s U.S. expansion amid rising demand from banks and institutional asset managers. CEO Pascal Gauthier said Andrews’ expertise in traditional finance and digital assets is critical to advancing Ledger’s presence in America.
The company has also launched a strategic New York office, building on its 2018 footprint focused on Ledger Vault, its institutional custody solution. The hub will support enterprises requiring secure infrastructure for digital asset management.
Gauthier emphasized that placing Ledger Enterprise in the financial capital underscores its commitment to meeting institutional demand. The firm recently signed a multi-year global partnership with the San Antonio Spurs to boost consumer visibility in the U.S.
Ledger, which has sold over eight million devices globally, is preparing for a potential U.S. IPO with a valuation exceeding $4 billion. It is working with top investment banks on the offering, positioning itself alongside recent listings like Circle, Gemini, and BitGo.
The move aligns with a broader trend of crypto firms pursuing U.S. listings under a more favorable regulatory climate.