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Ledger Says It’s Almost ‘Business as Usual’ Despite Coronavirus Outbreak

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As the cryptocurrency industry adapts to cope with the coronavirus outbreak and its catastrophic effect on the global economy, Paris-based major hardware wallet manufacturer Ledger says that it is enforcing a number of measures to protect its workers – and says it wants competitors to follow its lead.

Pascal Gauthier, CEO of Ledger. Source: a video screenshot, Youtube/Ledger

Pascal Gauthier, the chief executive of Ledger, said, in a statement,

“Starting with our team based in Hong Kong, Ledger has been enforcing […] measures to ensure the safety of our team, our partners and our customers.”

Gauthier added that the company was open for “business as usual” for customers, and said that for workers, this amounted to a travel ban, work from home policies “for most of the team,” as well as “strict safety and health rules at our factory,”

He stated,

“Business continuity for the hardware wallet division means that we have inventory, we can manufacture, assemble and ship our retail products to customers. Ledger Live is up and available for all customers during these volatile markets we are currently experiencing.”

However, Ledger admits that shipping has been affected by the coronavirus outbreak. The company says that, due to local restrictions, carriers will temporarily not be able to deliver products to a number of addresses in Austria, Bulgaria, the Czech Republic, Italy, and Portugal.

In line with a continuity plan for Ledger’s B2B Vault business division, its global team is self-isolating and working from home – but also focusing their efforts on new features, says Gauthier.

To mitigate the pandemic’s impact on the inflow of new customers, the company says it is offering discounts of up to 25%.

Cryptonews.com has contacted Ledger competitor Trezor with a request for comment on the company’s own coronavirus strategy, and will update this article if and when a response is forthcoming.

Established in 2014, Ledger says that it has sold about 1.5 million wallets to date to customers in 165 countries worldwide.