Encrypting mania accompanied by a surge in hacker thefts, "cold wallet" hardware manufacturers see explosive growth in business performance.

According to the financial news app Smart Finance, as reported by the media on Sunday, the frequent occurrence of cryptocurrency theft cases has prompted investors to turn to hardware wallets for offline storage of digital assets. French cryptocurrency hardware wallet manufacturer Ledger says that 2025 is expected to be its strongest year. Ledger, a Paris-based manufacturer of cold storage devices similar to USB drives, has reported revenue in the "hundreds of millions" and CEO Pascal Gauthier added that attacks on financial and crypto accounts are becoming increasingly common and are unlikely to slow down.