Key Notes
- A new deal between Ledger and Celo has led to the expansion of functionality with cross-chain sending, receiving, and swapping.
- It aims to strengthen user experience for those engaging with Celo through Ledger’s secure platform.
- This comes only 3 months after Ledger launched the Enterprise Mobile App for its institutional clients.
Ledger has expanded its asset coverage with the Celo blockchain, which is built for the real world and designed for fast, low-cost transactions globally. Their latest partnership builds on a foundation of secure Celo management within Ledger Wallet, expanding functionality with cross-chain sending, receiving, and swapping
Celo and Ledger Advance Relationship
In a new development, Celo has deepened its connection with Ledger, a platform known for cold digital asset storage for consumers and enterprises
The move further strengthens user experience for those engaging with Celo through Ledger’s platform. Ledger Wallet is a crypto app that was launched in 2018 as a global gateway to Web3. This platform was first integrated with Celo in 2022. At first, users only had access to send, receive, and on-ramping support for the native governance token
These were later followed by staking via Ledger validators and Celo CLI tooling. Fast forward to the present day, Celo Foundation claims that the app now supports millions of users around the world.
It is said to bring expanded Celo-native assets and functionality to its enlarged user base
As a result of its integration with Celo, Ledger Wallet also supports the former’s native governance asset, CELO. The other digital assets under its support are Mento Labs’ local stablecoins that track cUSD, cEUR, cCOP, cGHS, and cREAL These are digital assets that track the US Dollar, Euro, Colombian Peso, Ghanaian Cedi, and Brazilian Real, respectively.
Celo Foundation highlighted that “Ledger users can seamlessly transact and offramp in familiar currencies with reduced arbitrage risk and global payment costs incurred.”
At the same time, they will benefit from some of Celo’s top features. These include sub-cent transactions fees, one-block finality, fee abstraction, and more.
Ledger Launches Enterprise Mobile App for Institutional Clients
Aside from this deal with Celo, Ledger released a new mobile application in September
The Enterprise Mobile App is aimed at its institutional clients, allowing administrators and operators to securely manage and approve digital asset transactions from anywhere. Ultimately, it removes the need to be tied to a desktop computer.
The new application implements the Clear Signing initiative, a technology that addresses the risks associated with “blind signing.”
Related article: Trump’s World Liberty Financial to Debut RWA Products in JanuaryFor context, blind signing is a common attack vector where users authorize a transaction without seeing its full details in an easily understandable format.
nextDisclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
South Korea Police Agency Sets First-Ever Dark Coin Management Guidelines, Virtual Assets Compressed by Approximately 54.5 Billion Korean Won Over Past 5 Years
Korea's National Police Agency completes draft virtual asset management directive, first time including dark coin management and clarifying software wallet solutions. Over the past 5 years, virtual assets worth approximately 54.5 billion won have been seized, with police planning to select private custodian institutions. Experts recommend establishing a government-led custody system.
GateNews12m ago
Slippage: The Most Underestimated Profit Killer in Trading
Author: CryptoPunk
Many crypto traders have experienced the same disappointment: strategies that appear stable and profitable in backtests quickly see their returns shrink when actually deployed, sometimes turning from profit into loss. The issue is often not "misjudging the direction," but underestimating trading costs, especially slippage.
In crypto markets where bull and bear phases switch more rapidly, volatility is more intense, and order books are more fragmented, slippage is not a trivial decimal point—it is the real threshold that determines whether a strategy can survive. A deviation of just 2 or 3 basis points can, in high-turnover strategies, completely wipe out the theoretical alpha.
Based on long-term backtests of BTC/USDT and ETH/USDT, this article aims to answer a very practical question: to what extent does slippage erode strategy returns, and which strategies are most likely to be killed by slippage?
1. Introduction: Why Slippage
PANews39m ago
SEC Unveils Dual Regulatory Reform, OTC Quote Restrictions and Quarterly Reports Risk Disappearing
The U.S. Securities and Exchange Commission (SEC) has proposed two regulatory measures: First, revising Rule 15c2-11 to apply only to equities, explicitly excluding other asset classes, which would have a positive impact on the cryptocurrency market; Second, considering the elimination of mandatory quarterly financial reports in favor of semi-annual reporting, which could reduce corporate costs but raises concerns about transparency and market volatility. Both proposals are currently under review.
MarketWhisper1h ago
BTC and ETH prices rise but funding rates turn bearish, market shows divergence signal
On March 17th, Bitcoin reported at $75,480 with a 24-hour gain of 3.67%; Ethereum reported at $2,353.4 with a gain of 7.68%. However, funding rates indicate a bearish market trend, with BTC and ETH funding rates already below 0.005% on multiple platforms.
GateNews1h ago
