Quick take:
- Ledger has teamed up with Bitski to provide give its users access to multiple dApps.
- The hard wallet service provider is expanding its ecosystem following a similar partnership with Trust Wallet.
- With this integration, Bitski has now added an extra layer of security to its browser extension.
Ledger has integrated its hard wallet security layer with Bitski Wallet. The partnership gives Bitski Wallet users an added layer of security when using multiple decentralised apps. On the other hand, Ledger users gain access to an expanded ecosystem of dApps through the Butski Wallet browser extension.
This announcement comes at the back of Ledger’s similar collaboration with another hot wallet service provider Trust Wallet.
The company also recently announced a $108 million extended Series C funding round to beef up security in web3 wallets. Hot wallet providers have intensified security measures following the rising number of exploits witnessed last year.
Ledger’s hard wallet service allows users to transfer digital assets between decentralised apps and to their wallets without compromising on security.
Bitski will allow Ledger users to link their wallet credentials with the browser extension and continue to use their self-custodial keys. They can then connect their Birski wallet to decentralised applications, allowing them to transfer funds and other cryptocurrencies in and out of their Ledger wallet.
According to the announcement, this partnership will also enable Bitski to integrate a transaction simulator, which allows users to identify potential security threats before completing a transfer.
Ledger Wallet users will be able to switch between Ethereum and Polygon blockchains, also allowing them to trade non-fungible tokens (NFTs) on both networks.
Donnie Dinch, CEO and co-founder of Bitski believes both Ledger and his company believe in improving wallet security whilst offering user-friendly experiences.
“We’re excited to work with a leader in the hardware wallet space, one that is focused on user experience and beautiful design,” Dinch told CoinDesk. “Ledger users who store their most valuable NFTs and digital collectibles now have a beautiful, UX-focused home within the Bitski Wallet.”
On the other hand, commenting via a press release on Tuesday, Ian Rogers, chief experience officer at Ledger, said: “With the combination of Bitski’s user-friendly interface and our expertise in wallet encryption, we are dedicated to making crypto more accessible to all.”
According to Rogers, this partnership is part of Ledger’s strategy for accelerating wallet interoperability across multiple blockchains.
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