Ledger has recently released hardware support for the Trust Wallet Browser Extension, a multi-chain crypto wallet that acts as a gateway to thousands of Web3 decentralized applications (dApps). The hardware wallet securely stores a crypto user’s private keys offline, providing an extra layer of security. This update allows Trust Wallet users to access decentralized apps while keeping their private keys completely offline.
The Trust Wallet Browser Extension update also includes multi-wallet support and Testnets, which allows users to manage all their different wallets, including all Trust Wallet and Ledger wallet addresses, in one place but with separate private keys. Additionally, Testnets provide developers and tech savvy users with the opportunity to experiment with cryptocurrencies in a controlled environment.
Jean-Francois Rochet, VP of Transactions and Services at Ledger, commented: “We’re delighted to provide more security to Trust Wallet users with this integration. Ledger and TrustWallet share the goal of empowering every user to self-custody and manage their own assets, which is the true ethos of crypto.”
Eric Chang, Head of Product at Trust Wallet, added: “Integrating Trust Wallet and a leading hardware wallet like Ledger provides people with the best balance of convenience, enhanced security, and functionality. People can access the wide range of new tokens, networks, and dApps connections through an added security layer – all in one place from their browser.”
Ledger is a leading provider of hardware wallets, which are never connected to the internet and offer an additional level of security, making them ideal for the long-term storage of digital assets. In contrast, Trust Wallet is a hot wallet connected to the internet, which can be used for exploring decentralized apps like Uniswap and Maker, day-to-day transactions, and managing digital assets. Binance, the world’s largest crypto exchange, acquired Trust Wallet in 2018.
This partnership follows Ledger’s partnership with Web3 Luxury brand RTFKT to create a safe and secure solution for their high-end digital collectibles. The duo also unveiled the RTFKT x Ledger collection and educational programming.
Ledger experienced a surge in sales after the chaotic collapse of FTX in November last year as consumers rushed to self-custody solutions to safeguard their digital assets.