Ledger Vault, the provider of state-of-the-art-security by integrating the company’s custom operating system, will reportedly provide its multi-authorization cryptocurrency wallet management solution to Voyager Digital, a Canadian cryptocurrency brokerage system. As per the announcement, Voyager Digital will integrate Ledger Vault’s multi-authorization cryptocurrency wallet management system into its trading platform with the aim to increase its overall cybersecurity.
CEO of Voyager Digital, Steve Ehrlich said that Ledger Vault ensures the security of our customer assets on the Voyager platform without compromising the speed and liquidity they’ve come to expect from Voyager. It’s also a crucial step in our efforts to deliver crypto wallet transfers. Ethos, which is acquired by Voyager Digital in February, will programmatically generate unique addresses for Voyager customers who request to deposit cryptocurrency to their Voyager account. According to the announcement, the Ethos Universal Wallet software, powered by Ledger’s cryptocurrency custody solution, will be combined into Voyager’s retail and institutional businesses allowing self-custody integrated with a brokerage solution.
Ledger Vault’s Global Head Demetrios Skalkotos said that “Ledger Vault is fluid, providing Voyager cold level security with the ability to become hot in a matter of seconds all through one secure interface.” This is not the first offering by Ledger to any crypto exchange; it has also provided its crypto infrastructure to another Canadian crypto exchange, the National Digital Asset Exchange (NDAX). Numerous crypto traders have leveraged Ledger’s solution as an extremely secure mechanism to safeguard their assets. With Ledger’s solution, Voyager and Ethos will offer a secure, liquid, end-to-end crypto asset management platform that works at scale for audiences globally.