Crypto wallet Ledger Nano S integrates Cardano's ADA and Yoroi Wallet

Crypto hardware wallet Ledger has announced the full integration of Cardano’s ADA with Ledger Nano S.

According to a press release dated March 27:

“The popular hardware wallet is now compatible with Cardano’s ADA, enabling investors to protect their private keys through Ledger’s hardware wallets and gain access to their ADA with enhanced security.”

Cardano (ADA) is currently the tenth largest cryptocurrency by market capitalization and trading at $0.06 at the time of writing.

In addition to ADA, the Ledger Nano S is fully compatible with the Emurgo-developed Yoroi wallet, the first official companion app to support the Cardano Ledger hardware wallet. Emurgo is the official commercial arm of Cardano and aims to drive its adoption.

"Our integration with Cardano is something the Ledger community has been looking forward to for a long time. We are constantly working to respond to the needs of our customers, so we're thrilled to officially welcome Cardano to the Ledger platform, offering ADA investors world class security for their crypto assets," said Eric Larchevêque, CEO of Ledger.

The integration has been backed by the Cardano Foundation through funding the development of the Cardano Ledger app and associated software libraries. This project also received support from Vacuum Labs and IOHK's development team.

"This is an event people have been looking forward to for the past year. I am especially thrilled to see many teams come together and cooperate on ground-breaking news in the industry. It foreshadows many more exciting commercial developments we have in store for Cardano in 2019," said Nicolas Arqueros, CTO of EMURGO.

Earlier this month, the Ledger Nano S recently received the CSPN certification, making it the first and only certified hardware wallet on the market.