— IOTA (@iotatoken) November 2, 2018
According to the announcement, the Ledger hardware wallet is now compatible with the IOTA Trinity and Romeo wallets. This integration allows for the isolation of user’s private account seeds from their computers or smartphones, enabling additional security.
“Providing the highest level of security and quality is a major focus at both Ledger and IOTA,” said Ledger CEO Eric Larchevêque. “The collaboration between the teams created an immediate synergy concentrated on developing a compatibility feature allowing users to access, store and manage IOTA tokens on Ledger devices.”
This news comes several weeks after Ledger added support for EOS (EOS) and Waves (WAVES). The company has also been steadily expanding its offerings via Ledger Live, a new all-in-one companion application for Ledger devices that runs on Windows, Mac and Linux.
IOTA is currently trading for $0.4786, giving the project a $1.33 billion market cap and making it the 10th largest coin in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens.
More: IOTA Foundation Announces Integration with Ledger Hardware Wallet for Secure Storage and User Access of IOTA Tokens
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.