Ledger, a major hardware manufacturer, announced partnerships with Coinbase and FTX.
During the Ledger Open conference, in Paris, multiple announcements were made by the company.
First, Ledger has announced the launch a crypto debit card called Crypto Life. This card will allow users to use cryptoassets to make payments at over 50 million online and offline stores.
Clients in France, Germany, and the UK should have access to the card by Q1 2022. It will be available in the US within the second quarter. Interested users can now join the waitlist.
Ledger stated that the card will allow cryptoassets like BTC, ETH and USDT to be supported.
The company also revealed its intention to add NFT support in early 2022 and provide a wallet to NFTs to enable users to “store and visualize their NFTs and manage them fully.”
Ledger stated that they have integrated Rarible (an NFT marketplace) into their Ledger Live application. According to the firm, users will be able use all Rarible features beginning in January 2022.
The crypto hardware manufacturer has also signed partnerships with two major cryptocurrency exchanges. The exchange will integrate Ledger wallets into Coinbase’s partnership, allowing users to manage their crypto assets.
In Q1 2022, the first phase of this partnership will be available to Coinbase Wallet browser extensions to allow users to connect to Ledger wallets. Users of the Coinbase mobile application should be able connect to Ledger wallets in the future.
“It is no secret that Coinbase invests in their software wallet. “We are proud to announce that the Coinbase software wallet has added Ledger support,” said , the wallet maker.
Lastly, Ledger announced it had joined forces with FTX in order to allow leverage trading via its LedgerLive app.
Ledger explained that the partnership will provide FTX’s liquidity and leverage to Ledger Live users. This will enable them to trade across 300 different digital asset pairs at low fees, while still being in control of their holdings.