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Coinbase to Integrate Ledger’s Hardware Wallets

The move will give the exchange’s users another way to hold their crypto.

Updated May 11, 2023, 7:09 p.m. Published Dec 9, 2021, 9:00 a.m.
Ledger Nano S hard wallet. (Motokoka/Wikimedia Commons)
Ledger Nano S hard wallet. (Motokoka/Wikimedia Commons)

Crypto exchange Coinbase is planning to integrate Ledger hardware wallets, bringing users more options for self-custody of their crypto, according to a Ledger press release on Thursday.

  • The integration will be rolled out in phases in the first quarter of 2022. The partnership will start off with the Coinbase Wallet browser extension, which will connect to Ledger wallets. In the later part of the integration, the Coinbase mobile app will also connect to the hardware wallets.
  • Coinbase will “share more announcements on how we’re making Coinbase Wallet the safest and most secure way to participate in Web 3 over the coming months,” Max Branzburg, the exchange’s vice president of product, said in the statement.
  • In June, Paris-based Ledger closed a $380 million Series C round of funding that was led by digital asset fund 10T Holdings.

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Pudgy Penguins: A New Blueprint for Tokenized Culture

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Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.

What to know:

Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.

The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.

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Robinhood is investing in crypto trading platform Talos at $1.5 billion valuation

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The $45 million Series B extension also includes participation from new strategic investors Sony Innovation Fund, IMC, QCP and Karatage.

What to know:

  • Robinhood is investing in Talos in an extended Series B funding round valuing the firm at about $1.5 billion.
  • Talos provides institutional-grade crypto trading infrastructure, serving hundreds of clients globally and asset managers representing roughly $21 trillion in AUM.
  • The round highlights growing demand for crypto market infrastructure, as Robinhood deepens its blockchain strategy and Talos continues to scale through M&A.