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CEO of the crypto wallet Ledger met JPMorgan's CEO

Updated: Jul 25, 2024
Published: May 6, 2022
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The corporate adoption of cryptocurrencies is on the rise, with huge banking firms like JPMorgan trying to make use of blockchain technology to benefit their users. In the light of this fact, the CEO of the hardware crypto wallet, Ledger, Pascal Gauthier, met the CEO of banking giant JPMorgan, Jamie Dimon, as per a report from Trustnodes. 

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Ledger and JPMorgan: A deal struck?

The meeting with the CEO of Ledger and JPMorgan took place behind closed doors, and no new details have been revealed at the time of writing. Cryptonary has reached out to the firms and will update the readers once we get a positive statement from the firms. However, it seems that the two firms are discussing some kind of business deal which only time will reveal. 

However, at the Annual Shareholders' Meeting, the CEO of JPMorgan praised blockchain technology and cryptocurrencies, going back to his own words from several months ago. "Decentralized finance and blockchain are real, new technologies that can be deployed in both public and private fashion, permissioned or not. JPMorgan Chase is at the forefront of this innovation," he said. 

On the other hand, Ledger is also not far off and continues its expansion on a global scale. A deal between the two firms will only make sense. 

One word: Expansion

Ledger has been expanding aggressively recently, partnering with a number of firms. Recently, Cryptonary reported that the hardware wallet firm had struck a deal with Italian luxury fashion brand Fendi wherein the latter created a one-of-a-kind case for Ledger's crypto wallet for the Fendi's Men's Fall/Winter 2022-2023 fashion show took place on January 15.

The firm has also decided to release the Crypto Life credit card in the UK, US, and Europe, wherein the users will be able to use their cryptocurrencies as collateral for the credit. Ledger Live also supports NFTs with the integration of the NFT marketplace Rarible.

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