Algorand and the Algorand Foundation are delighted to announce that the Algo, and all other tokenized assets on the Algorand blockchain, are fully compatible with the Ledger Nano S and Nano X hardware wallets. This also allows users of the Algorand blockchain to combine the ease of transacting via the Algorand Mobile Wallet with the security of holding their crypto assets in an encrypted hardware device that is not connected to the internet.
The release also ensures that any future assets that are tokenized on the Algorand blockchain will immediately be supported by the Ledger Nano X and Nano S, providing an instant extra layer of security to both developers and asset holders out of the box. Notably, this release includes Bluetooth support for Ledger Nano X on both Android and IOS Algorand Mobile wallets, making it one of the first mobile wallets to do so.
“By combining the ease of the Algorand mobile wallet with the security of the Nano hardware wallets, this release offers a new user experience for the participants of the borderless economy to safely hold and frictionlessly transact. The support for all Algorand assets ensures that this capability is instantly usable for the users of assets that have launched on Algorand, such as USDT, ARCC as well as all future assets such as SOV and Meld.” - Fangfang Chen, COO, Algorand Foundation.