Ledger, the French digital asset security firm renowned for its hardware wallets, has announced the integration of OKX DEX into its Wallet app. This development allows users to perform multichain token swaps directly within a self-custodial environment, significantly enhancing the user experience by eliminating the need to navigate external decentralized exchange interfaces.
Through this integration, Ledger users gain access to liquidity aggregation from OKX DEX directly within the Ledger Wallet app. The trading process employs OKX DEX’s proprietary X-Routing technology, which intelligently aggregates liquidity from hundreds of decentralized exchanges, ensuring efficient execution routes for trades. A critical aspect of this integration is user security; all transactions remain signed on the user’s Ledger device, with private keys securely retained within the hardware wallet.
Ledger has confirmed that the rollout will be gradual, beginning with about 20% of its Wallet users gaining access at launch, with no requirement for device firmware or app updates. Initially, swaps are enabled on several networks, including Ethereum (ETH), Arbitrum (ARB), Optimism (OP), Base (BASE), Polygon (POL), and BNB Chain (BNB), though cross-chain or cross-seed swaps are not supported at this time.
In related news, the integration comes amid reports that Ledger is exploring a potential US initial public offering, which could value the company at over $4 billion. Notable financial institutions such as Goldman Sachs, Jefferies, and Barclays have been involved in these early discussions. Although Ledger has not officially confirmed these reports, a successful IPO would position it alongside other crypto companies eyeing public listings this year.
Meanwhile, several industry players are also making strides toward public offerings. In January, tokenization platform Securitize announced plans to go public through a merger with a Cantor Fitzgerald-backed special purpose acquisition company, highlighting a staggering revenue growth of more than 840% by September 2025. Similarly, digital asset custodian Copper has been reported to be assessing potential IPO options, although it has clarified that there are currently no formal plans for an IPO.
The crypto exchange Kraken is also anticipated to proceed with its public offering sometime in 2026. The company has taken steps toward this goal by confidentially filing a draft registration statement with the US Securities and Exchange Commission. Notably, Kraken recently experienced leadership changes, with media reports indicating the ousting of its CFO, Stephanie Lemmerman. As of now, her profile is absent from the leadership page of Kraken’s parent company, Payward, which lists Robert Moore as the new deputy CFO. Inquiries regarding these developments have yet to receive a response from CoinTelegraph.
