Ledger and Payward Partner to Launch Cold Storage for Tokenized Stocks

Hardware wallet manufacturer Ledger and Payward, the parent company of Kraken, have partnered to allow investors to store tokenized stocks offline on Ledger devices. Users can trade via Payward's platform, xStocks, with transactions requiring signature confirmation on Ledger hardware. Ledger, which serves approximately 8 million users, is currently in discussions with Coinbase, Binance, and Robinhood to expand the service.