Ledger Enterprise Solutions, the enterprise division of blockchain security and infrastructure provider, Ledger, announced it has entered into an agreement with Netherlands-based cryptocurrency investment fund manager Hodl.nl; to secure portfolio assets through its crypto custody platform, Ledger Vault.
Hodl is a cryptocurrency investment fund manager of the Genesis and Consensus funds. One of a few, Hodl is an AFM (Netherlands financial regulator) registered cryptocurrency investment company.
Most important, the Hodl team will benefit from Ledger Vault’s end-to-end security infrastructure while being in complete control of their assets from trading to offline storage.
“Hodl portfolio investors now have peace-of-mind, their digital assets are secured by the best-in-class solution on the market. We welcome the Hodl investment team and its growing portfolio into the Ledger Enterprise Solutions network; and look forward to future collaboration as we continue on our mission of institutionalizing digital assets securely.”
– Alexandre Lemarchand, VP of Global Sales at Ledger Enterprise Solutions
In 2019, Ledger obtained a pooled customized crime insurance program underwriting cryptocurrency-assets for up to $150 million for its Ledger Vault platform led by the Arch UK Lloyds of London syndicate. All Ledger Enterprise Solutions customers including Hodl benefit from the Ledger Enterprise Solution platform’s custom $150 million pooled crime insurance.
“As Hodl was scaling we noticed that the use of several different cold storage devices was not ideal. Managing separate accounts and balances became a nuisance. When setting up our investment funds; we started by using the Ledger Nano S and X, but soon realized we needed more control, transparency, and security. It was the logical next step to migrate to the Ledger Vault enterprise solution; to offer investors the highest form of protection.”
– Nick Friedrich, COO at Hodl