‘If not self-custody, then why crypto?’ — Ledger CEO

Ledger CEO Pascal Gauthier told Cointelegraph that hardware wallets need to evolve because “crypto never sleeps.”

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Despite new developments in the digital asset space, such as the launch of spot Bitcoin exchange-traded funds (ETFs), Ledger CEO Pascal Gauthier believes that self-custody is still the point of cryptocurrencies. 

At the Blockchain Life event in Dubai, Gauthier told Cointelegraph in an interview that although exchanges and ETFs have their own roles within the space, self-custody is still the whole point of cryptocurrencies. He said: 

Gauthier also highlighted that Bitcoin’s white paper highlighted the asset as a peer-to-peer payment system. “It’s peer-to-peer; it’s not a bank-to-bank. It’s to remove the middleman,” the executive argued. 

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