Ledger hardware wallet atop a keyboard

According to the company’s press release, Ledger Enterprise Solutions will focus on enhancing enterprise adoption of Ledger Vault, the firm’s core custody technology platform. The new business unit will be led by Ledger’s vice president of business solutions, Jean-Michel Pailhon.

“As more companies apportion significant parts of their balance sheets to blockchain-based holdings, we recognize the drastic need for enterprise-grade solutions for holding and securing digital assets,” he said in the release. “Our mission is to enable the digital assets industry to become a multi-trillion dollar industry.”

At launch, the Ledger Enterprise Solutions offering will include Ledger Vault and Ledger Consulting Services. The latter is a personalized consultation service that will guide institutions through cryptocurrency implementation, external audit, and custom advisory and training services. The new unit already has a significant number of clients, which include Crypto.com, UpHold, Bank Frick, BitStamp, Nexo, and Komainu.

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