Cointime

Download App
iOS & Android

Ledger Partners With iPhone Co-Creator Tony Fadell To Launch Its New ’Stax” Crypto Wallet

On December 6th, Ledger, the company behind the hardware wallets Ledger Nano S and Nano X, announced the launch of its new Ledger Stax wallet, which was developed in partnership with Tony Fadel, co-creator of the iPod and iPhone.

The new Ledger wallet has a unique and innovative design in the style of high-end Samsung cell phones. It lets users view their NFT collections even when the wallet is off.

According to Ledger, all of the improvements to the next-generation wallet were thanks to their relationship with Tony Fadell, whom they recognized as the inventor and mastermind behind Ledger Stax.

Although the wallet is not yet available for sale, interested customers can go to Ledger’s website to place reservations. The Ledger Stax will go on sale at the end of March 2023 and will cost $279.

Those who purchase the wallet will be eligible for various prizes, such as a “Magnet Shell” protective case and an NFT from the Art on Ledger Stax collection created by a renowned artist in the crypto industry.

What Improvements Does Ledger Stax Offer?

In addition to being an easy-to-carry device about the size of a credit card, it allows users to store more than 500 cryptocurrencies or NFT collections. Soon, thanks to Ledger developers, users will be able to explore Web3 applications through Ledger Live.

One of the most notable improvements compared to previous wallets is the curvature of its E-Ink touchscreen, which in addition to displaying NFT collections, allows all transactions to be viewed easily by new crypto users.

As for the battery, the company assured customers that they would be able to use the Stax for weeks or even months with a single charge. This is possible because the screen is monochromatic (works in black and white) and does not consume a lot of battery resources.

A “Cool, Cute and Fun” Device For All Crypto Enthusiasts

Ian Rogers, Chief Experience Officer at Ledger, noted that thanks to Tony Fadell’s uncompromising user experience-centric culture, they built an innovative and fun device while maintaining Ledger’s signature cryptographic security.

“Tony Fadell has both the circuit board and the billboard in mind when he builds a product […] With Ledger Stax we have made a device which is cool, beautiful, and fun. Together we have fused the uncompromising security and self-custody culture of Ledger, with the equally uncompromising user-experience-focused culture of Tony and his team. The result is the first true secure consumer hardware device for the revolution of value brought by blockchain technology.”

Tony Fadell, the designer of Ledger Stax and director of Build Collective, said his motivation after learning about Ledger wallets was to create a “next-generation device” that was easy to use for both expert and novice users.

“Digging into Ledger’s proven security technology and trying all the ‘best’ hardware wallets out there convinced me to build a next-gen device with Pascal, Ian and the amazing Ledger team, […] We need a user-friendly…no! A ‘user-delightful’ tool, to bring digital asset security to the rest of us, not just the geeks.”

For his part, Pascal Gauthier, president and CEO of Ledger, indicated that the new wallet will be “secure and accessible,” after highlighting its commitment to the security of its wallets, which to date have never suffered a hack despite having sold more than 5 million units.

Comments

All Comments

Recommended for you

  • Bank of England Governor Bailey to Speak on Fiscal and Monetary Policy Coordination in Ten Minutes

    Bank of England Governor Bailey will deliver a speech on the issue of coordination between fiscal and monetary policy in ten minutes.

  • Solana Achieves $4.84 Billion in Spot Trading Volume for Tokenized Stocks This Quarter

    On July 3, it was reported that Solana broke multiple records in trading, revenue, and trading volume in the second quarter of 2026. In the tokenized stock sector, Solana's spot trading volume reached $4.84 billion this quarter, capturing over 96% market share. This volume far exceeded that of all other blockchains combined, marking the fourth consecutive quarter that Solana has led this sector, solidifying its dominant position. In terms of decentralized application revenue, the total dApp revenue for this quarter was $257 million, maintaining its lead over all Layer 1 and Layer 2 blockchains for the ninth consecutive quarter. Despite competitive pressure from peers, the enthusiasm of ecosystem developers and actual user demand remains strong. On-chain trading activity has surged, with daily, weekly, and monthly trading volumes all hitting new highs. The total number of non-voting transactions for the quarter approached 9.8 billion, with the overall network transaction volume rising to 59%, reaching an eleven-month high. The perpetual futures trading scale has seen a significant surge, with nominal trading volume for the quarter reaching $183 billion. GMTrade, Pacifica, and Jupiter were the main sources of trading volume, with GMTrade showing impressive growth in asset locking, cumulative trading volume, and protocol fees. The Phoenix platform also gained market recognition with its new features. Meanwhile, the Solana Foundation has proactively reduced its staking holdings, with the staking scale dropping to 4.92% of the total network staking, aiming to weaken its control over network validation and promote the decentralized and mature development of the validator ecosystem. Overall, even though the market is generally perceived to be at the bottom of a bear cycle, Solana's various innovative businesses and fundamental on-chain data are rising against the trend. If this quarter indeed marks the low point of the current market cycle, the existing performance will lay a solid foundation for long-term growth. The article also briefly mentions developments related to Solana's on-chain governance, the Grass rewards controversy, and future plans of the foundation's executives.

  • Venezuela's Largest Oil Refinery Resumes Operations

    On July 3, three sources reported that Venezuela's largest refinery, the Amuay refinery with a processing capacity of 645,000 barrels per day, has resumed operations after a power outage on Friday. It is currently processing approximately 140,000 barrels per day of crude oil, and the fluid catalytic cracking unit (FCC) has also restarted. Following two earthquakes last week that caused significant casualties, several refineries in Venezuela were affected by power outages. Additionally, sources indicated that the El Palito refinery, with a processing capacity of 146,000 barrels per day, has regained power, but staff have not yet been able to restart the production units.

  • US Bitcoin ETF Sees Net Outflow of 588 BTC Today, Ethereum ETF Records Net Inflow of 6,105 ETH

    According to monitoring by Lookonchain, today the US Bitcoin ETF experienced a net outflow of 588 BTC, with a total net outflow of 22,189 BTC over the past seven days. Meanwhile, the Ethereum ETF recorded a net inflow of 6,105 ETH, with a net outflow of 1,915 ETH over the past seven days.

  • US Stock Market Closed on July 3rd (Friday)

    On July 3rd, the US stock market will be closed for one day in observance of the Independence Day holiday.

  • Gulf Region Oil Exports Surge in June, UAE Crude Deliveries Reach Record High

    On July 3, data showed that oil exports from the Gulf region in June increased by over 3 million barrels per day compared to May, surpassing 10 million barrels per day, although still 40% lower than pre-war levels. The UAE led the recovery in the oil market, allowing millions of barrels of crude oil that were stranded in the Gulf region to enter the international market, enabling producers to increase output and bring oil prices down to pre-war levels. According to Kpler, the total export volume of crude oil and condensate from Saudi Arabia, the UAE, Kuwait, Iraq, and Iran increased by over 3.5 million barrels per day from May, reaching 10.07 million barrels per day. Another freight analysis company, Vortexa, estimated that the oil delivery volume in June was 10.2 million barrels per day, up from 7 million barrels per day in May, but still far below the 16.5 million barrels per day recorded in the same period last year. Data from Kpler, Vortexa, and LSEG indicated that UAE's crude oil exports reached a record high of 3.7 to 3.8 million barrels per day in June, more than 1 million barrels per day higher than in May.

  • June Crude Oil Exports from the Gulf Region Exceed 10 Million Barrels Per Day

    According to Reuters, shipping data shows that crude oil exports from the Gulf region in June rose to over 10 million barrels per day, but remain 40% lower than pre-conflict levels. (Jin Shi)

  • BTC Drops Below $62,000

    Market data shows that BTC has fallen below $62,000, currently priced at $61,999, with a 24-hour increase of 0.65%. The market is experiencing significant volatility, so please ensure proper risk management.

  • Iraq and Turkey Expected to Sign an Executory Protocol

    The Iraqi Ministry of Oil announced that Iraq and Turkey are expected to sign an executory protocol to ensure the continued export of Iraqi oil, including crude oil from the Kurdistan region. Iraq and Turkey have agreed to continue technical and legal negotiations regarding oil export issues.

  • Japanese Oil Buyers in Preliminary Talks with Iran for Crude Oil Procurement

    On July 3, Reuters reported, citing sources, that Japanese oil buyers are engaged in preliminary discussions with Iran regarding the procurement of crude oil.