Ledger has appointed John Andrews as the company’s new chief financial officer. The company has also opened a new office in New York City. The move is a significant milestone for the company’s U.S. growth strategy. It is expanding its presence in its largest global market.

Ledger said the new CFO will support the company’s next phase of growth. That includes its work with banks, asset managers, custodians, and stablecoin issuers. The company announced the new CFO on Friday as part of a broader push to strengthen its institutional business.

Ledger’s new CFO comes from Circle. He is the company’s head of capital markets and investor relations. He has over 25 years of experience in corporate finance and the financial services industry. 

Ledger said the new CFO’s experience would be beneficial to the company. It is expanding its operations and presence in the digital assets space.

Ledger Expands U.S. Presence With New York Office

However, Ledger has opened a new office in New York City. The company noted that it is part of a multi-million-dollar investment in its US footprint. The office is set to be a strategic hub for Ledger Enterprise, the firm’s institutional division.

Ledger noted that the expansion is set to create dozens of jobs in its enterprise and marketing divisions. The firm noted that the move is in response to increasing demand for digital asset infrastructure. 

The company noted that the New York office is set to bring its enterprise unit closer to large financial institutions and market participants.

The firm noted that New York is a crucial location for the firm in its next phase. The office brings Ledger Enterprise to the heart of the financial world. The firm noted that its enterprise products are designed to help institutions manage and trade digital assets securely.

Source: Ledger

It also highlighted its current role in the stablecoin market. The firm stated that it assists in the securing of more than 30% of dollar stablecoins held by retail investors. This is to illustrate its position within the overall crypto landscape.

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The chief executive officer, Pascal Gauthier, said Andrews is joining Ledger. Gauthier stated that Andrews will bring significant financial leadership at a critical time for the company. 

He added that Andrews had experience in both conventional finance and digital assets. He said this is significant as the company builds further into the United States.

Ledger IPO Reports Surface as Growth Strategy Expands

Andrews commented on his appointment. He stated that the company is well-positioned to support institutions as they enter into digital assets. He described the role as coming at an important moment in the company’s growth.

This latest expansion comes after reports of a potential public listing in the US. The Financial Times in January revealed that Ledger had appointed Goldman Sachs, Barclays, and Jefferies as advisers for a potential public listing. 

The report said a future listing could value the company at more than $4 billion, though no final plan has been confirmed.

The company was founded in 2014 and has sold over 8 million devices in over 165 nations worldwide. It claims to protect over 20% of the world’s cryptocurrency assets.

It has also stated that it’s investing in hardware security, cryptography, and AI as it continues to grow as an AI-accelerated security company.

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Filed under: Bitcoin - @ March 20, 2026 10:00 pm