Largest Hardware Manufacturer Ledger said it aims to launch a crypto debit card, start supporting non-fungible tokens (NFTs) and announced partnerships with two major exchanges, Coinbase and FTX.
The company made several announcements today, during the Ledger Open conference in Paris.
First, Ledger announced the launch of a crypto debit card called the Crypto Life card, which they claim will allow users to pay using crypto assets at more than 50 million online retailers and stores.
The card should be available to customers in the UK, France and Germany as early as the first quarter of 2022. It is scheduled to arrive in the US in the second quarter. From now on, interested users can join the waiting list.
Ledger detailed that the card will support crypto assets such as BTC, ETH, USDT, EURT, USDC, XRP, BXX, BCH, and LTC.
The company also revealed its intentions to add NFT support in early 2022 and offer a wallet for NFT, allowing users to “store, view, manage and enjoy full ownership of their NFTs.”
Ledger said they have already integrated Rarible, an NFT marketplace, into their Ledger Live app. The firm added that users will be able to use all of Rarible’s features from January 2022.
Meanwhile, the crypto hardware manufacturer has also partnered with two major crypto exchanges. As part of the partnership with Coinbase, the exchange will integrate Ledger’s hardware wallets, allowing users to self-custody their cryptocurrency holdings.
The first phase of the partnership should be rolled out in the first quarter of 2022, allowing users of the Coinbase Wallet browser extension to connect to their Ledger wallets. Later on, users of the Coinbase mobile app should be able to connect to Ledger wallets.
“It is no secret that [Coinbase] they are investing in their software wallet. We are very proud to announce that the Coinbase software wallet is adding support for Ledger, “said the wallet creator said.
Lastly, Ledger revealed that it has teamed up with FTX to enable leverage trading through its Ledger Live app.
In detailing on the partnership, Ledger said the partnership will bring the liquidity, leverage and trading options of FTX to Ledger Live users, allowing them to trade 300 pairs of digital assets with low fees while being in control of their holdings.
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