Coinbase to Integrate Ledger’s Hardware Wallets

The move will give the exchange’s users another way to hold their crypto.

By Eliza Gkritsi

Dec 9, 2021 at 9:00 a.m. UTC

Updated Dec 9, 2021 at 3:32 p.m. UTC

Ledger Nano S hard wallet. (Motokoka/Wikimedia Commons)

Eliza Gkritsi

Eliza Gkritsi is CoinDesk's crypto mining reporter based in Asia.

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Crypto exchange Coinbase is planning to integrate Ledger hardware wallets, bringing users more options for self-custody of their crypto, according to a Ledger press release on Thursday.

The integration will be rolled out in phases in the first quarter of 2022. The partnership will start off with the Coinbase Wallet browser extension, which will connect to Ledger wallets. In the later part of the integration, the Coinbase mobile app will also connect to the hardware wallets.
Coinbase will “share more announcements on how we’re making Coinbase Wallet the safest and most secure way to participate in Web 3 over the coming months,” Max Branzburg, the exchange’s vice president of product, said in the statement.
In June, Paris-based Ledger closed a $380 million Series C round of funding that was led by digital asset fund 10T Holdings.

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