Cardano’s currency is now supported on the popular Ledger Nano S portfolio. Now, Ada investors can store, interact with and monetize digital currency using one of the leading hardware portfolios in the market.
On 27 March, Emurgo, the commercial arm of Cardano, announced Ada’s support for users of the Ledger Nano S portfolio. Users will now be able to store and interact with private Cardano keys through Ledger’s wallets.
Ledger is one of the world’s leading manufacturers of digital currency wallets, with more than 1.5 million devices. As of March 27, the famous portfolio announced its support for Cardano’s currency.
New safe facilities for Cardano currency
A study on the Ledger model shows that there are still $ 850 million stolen from trading platforms in 2018, underscoring the need for secure devices like Ledger. Storing private keys in cold storage – without connecting to the Internet through the use of these devices – is one of the safest options for digital investors. Moreover, instead of having a platform or a third party controlling one’s own keys, using the wallet gives users full control over their digital currency.
Now, Ada fans can store and interact with them and invest in them using one of the leading portfolio portfolios in the market. In a statement from CEO Ledger, Eric Larchivik said:
“The addition of support to Cardano’s currency has been looking forward to a community that has been led to him for a long time. We are constantly working to meet the needs of our customers, so we are delighted to officially welcome Cardeno in the Ledger platform “
Software contributions from Emurgo
According to the announcement, Emurgo has developed Yoroi’s portfolio, as the first official companion program that supports Cardano Ledger’s portfolio. This initiative was funded by the Cardano Foundation with the support of Vacuum Labs and IOHK.
Emurgo is the official trading arm of Cardano, which provides value to ADA holders through “construction, investment and advice” for Blochen Cardano projects. Integration is another step towards increasing the use and availability of both its currency and its proxies.