Ledger, a wallet solution for crypto, is enabling staking for the Internet Computer Protocol (ICP) token.
According to a statement by Ledger, it is partnering with the Dfinity Foundation, a contributor to the Internet Computer, a blockchain that runs at web speed, serves the web, and providing an “infinitely scalable platform for smart contracts” has announced that Ledger Nano will support staking for the ICP token. Ledger notes that ICP now joins the ranks of several other vetted cryptocurrencies supported by both the Ledger Nano S and X models.
If you have a Ledger device with the Network Nervous System (NNS) you can visit the page by the DFINITY Foundation that explains the integration process.
Ledger states that digital assets and Web3 is forecasted to reach $15 billion by 2026. Ledger currently secures about 15 percent of global crypto assets, and 1.5 million people use Ledger Live each month.
Ledger Head of Platform Fabrice Dautriat said they are always seeking to support the most innovative crypto assets, and ICP token integration will serve their user base well:
“This partnership is a great first step and we look forward to working with the Dfinity team to continue improving the support of their protocol on Ledger products.”
Through the NNS front-end Dapp, users can stake and manage ICP, and vote on upgrades to the Internet Computer Protocol.
Lomesh Dutta, Vice President of Growth at DFINITY, said “Ledger adding support for Internet Computer has been a key request from the Internet Computer community:
“…we are very excited to partner with Ledger to offer this extra layer of key security for ICP utility token holders.”
