Crypto Hardware Wallet Provider Ledger partners with The Sandbox

Varuni Trivedi
Published: Apr 4, 2022, 17:56 UTC

The metaverse hype knows no bounds. Now it is crypto hardware wallet Ledger that has decided to give its virtual world a new twist.

FXempire, SAND, Crypto, The Sandbox

Key Insights:

  • Ledger partners with The Sandbox to promote crypto education in the metaverse.
  • The new partnership aims to bring security into The Sandbox’s world.
  • The metaverse space continues to interest users and institutions alike.

Ledger, the French crypto hardware wallet firm, has announced its partnership with The Sandbox to promote crypto education in its virtual world.

Ledger Promoting Crypto Education

During the Non-Fungible Conference (NFC) held in Paris, Ledger CXO Ian Rogers announced a collaboration with metaverse project, The Sandbox. On Monday, Rogers revealed that the new partnership aims to bring security into The Sandbox’s world and provide Ledger with a place in The Sandbox (SAND) to educate people about crypto.

Both the firms, Ledger and The Sandbox, are to benefit from this partnership. The Ledger will also provide SAND owners with custom Ledger Nanos as part of the partnership.

Furthermore, Rogers stressed how the most critical part of the partnership with The Sandbox would be educating people about security. Ledger CXO also thanked The Sandbox, its Co-founder and Chief Operations Officer Sebastien Borget, for this opportunity.

As of now, Ledger hasn’t announced further plans or more details about the partnership. Interestingly, Ledger has been actively expanding its operations beyond traditional cryptocurrencies like bitcoin (BTC) and towards newer arenas like the metaverse and NFTs.

NFTs and Metaverse Still Going Strong

Of late, institutions have been jumping on the metaverse bandwagon amid rising demand for the technology among users. The firm behind popular meme token Shiba Inu recently announced further details about its upcoming metaverse.

As reported by FXEmpire earlier, Shiba Inu’s Metaverse will be called SHIB: The Metaverse, which is said to be unlike any other Metaverse in the space.

Furthermore, The Sandbox had announced a partnership with the NFT profile picture project World of Women (WoW) in early March. The partnership would see the metaverse project provide $25 million in grant funds to found the WoW Foundation.

In early March, Ledger had announced the release of a limited edition of the Ledger Nano S Plus, a brand new hardware wallet supporting NFTs by design. This growth in the number of firms entering the metaverse highlights the sheer rise in interest in the sector.

About the Author

A Journalism post-graduate with a keen interest in emerging markets across South East Asia, Varuni’s interest lies in the Blockchain technology. As a financial journalist, she covers metric and data-driven stories with a tinge of commentary, and strongly believes in HODLing.

Did you find this article useful?