Cryptocurrency hardware wallet manufacturer Ledger is expanding to New York. It has also appointed Demetrios Skalkotos to lead global business unit operations for Ledger Vault, which will be headquartered from the new office.
“As blockchain revolutionises the financial system, so must the security solutions that protect it,” says Skalkotos who has headed up global software and infrastructure businesses, as well as P&L’s, product development, sales and marketing.
“Secure storage of large multi-cryptocurrency funds is a highly complex challenge that cannot be solved by just implementing procedures. Institutions are looking for safer storage options along with integrated governance policies, but don’t want to sacrifice convenience — at Ledger, we believe that investors shouldn’t have to compromise. Ledger Vault provides financial institutions, family offices and fund managers with secure software and a reliable governance framework — allowing investors total control and security without sacrificing speed.”
“New York City is the centre of the financial world, hence having our Ledger Vault operations based in the region was a natural fit,” says Pascal Gauthier, President of Ledger. “Having spent his whole career working as a leader in enterprise and financial services products, Demetrios Skalkotos is the perfect candidate to bring Ledger Vault to life and oversee its continued growth.”
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