Key facts
- Payward and Ledger will integrate Payward's xStocks platform with Ledger hardware wallets.
- The partnership enables users to hold tokenized stocks in cold storage on Ledger devices.
- Transactions for tokenized stocks will require physical approval on a Ledger device.
- Payward aims to combine secure self-custody with global financial infrastructure.
- Payward is also in discussions with Hyperliquid Labs regarding crypto perpetual futures for U.S. traders.
Payward and Ledger have announced a partnership that will bring cold storage capabilities to tokenized stocks. This collaboration will allow eligible users of Payward's xStocks platform to hold supported equity-linked tokens on Ledger hardware wallets, providing an alternative to keeping assets within online trading accounts.
The integration enables users to maintain direct control over their private keys for tokenized equities, mirroring a long-standing practice for cryptocurrency users. Investors will also have the option to require physical approval on a Ledger device before supported transactions can proceed, adding an extra layer of security and control.