Ledger Integrates Etherlink with Tezos Support

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Ledger announced an expansion of its Tezos support by integrating Native Etherlink into its hardware signers and wallet apps. This allows for secure management of XTZ on Etherlink with features like Clear Signing, swaps, and native staking.

The integration, supported by Ledger and Nomadic Labs, aims to enhance security for Tezos and Etherlink users. Charles Guillemet, Ledger’s CTO, highlighted the importance of uncompromised security in this update:

“Uncompromising security is essential for users of Tezos and Etherlink, and this made enhanced support in the Ledger ecosystem a top priority. With hardware-enforced clear signing for every Tezos and Etherlink transaction, users can confidently interact with DeFi knowing their assets are protected by Ledger’s uncompromising security.” Source

The integration affects XTZ, enabling access to DeFi protocols on Etherlink. Anthony Hayot of Nomadic Labs highlighted the increased accessibility and security this brings to users prioritizing asset protection.

Despite no disclosed funding changes, the integration enhances the usability of XTZ across various DeFi platforms, improving transaction security and user confidence in Ledger’s ecosystem.

The collaboration between Ledger and Tezos, ongoing since 2019, now facilitates native staking for XTZ. Enhancements like Tezos’ “Tallinn” upgrade improve compatibility, offering lower fees and quicker confirmations.

Analysts predict this will increase user engagement with Tezos, potentially boosting trading volumes and network security. The integration offers a seamless experience for users looking for reliable and secure digital asset management solutions.