Ledger Releases NFT Focused Hardware Wallet

Ledger, the number one supplier of hardware wallets, made to keep cryptocurrencies like Bitcoin (BTC) secure, has announced plans to release a new wallet specializing in non-fungible tokens.

The new device, called Ledger Nano S Plus, is the latest iteration of the original Nano released in 2016 and is designed specifically for NFT collectors.

The Ledger Nano S Plus is the sixth hardware wallet produced by Ledger since the release of the original HW1 back in 2015. This will be the first hardware wallet Ledger has released since the introduction of the Ledger Nano X in 2019.

The Nano S Plus in collaboration with recent “clear signing” technology through Ledger Live aims to bring a more secure experience to Web3 users.

While this new version of the Ledger wallet natively supports the secure management of NFT transactions, some previous iterations have also supported NFTs.

“Ledger Nano users have always been able to store NFTs on their devices through partners, on the Ledger Nano X, and now Ledger’s software application Ledger Live prioritizes NFT support where users can view their NFTs in Ledger Live and securely transact through ‘clear signing,’” said Ledger's chief experience officer Ian Rogers speaking with Cointelegraph.

Clear singing aims to provide all details of transactions, taking away the risk of “blind signing”, or agreeing to a potentially risky transaction, the executive explained.

The latest news comes soon after Ledger put up a preorder for a limited edition version of the Ledger Nano S plus for $79, releasing only 10,000 for purchase.

A hardware wallet designed specifically for NFTs couldn't have come at a better time. With the whirlwind of recent scams and phishing attacks hitting the NFT space, users have been looking for ways to safely store their collections. The only thing missing is a screen on the device to show off your cool PFPs.