‘Nuclear’ Crypto ‘Winter’ To Last Another ’12-24 Months’, Ledger CEO Predicts (cryptoglobe.com)
Eric Larchevêque, the CEO of Ledger,has said that the crypto bear market could last another “12-24 more months.”
Eric Larchevêque, the CEO of Ledger, a Paris-based tech firm that develops security solutions for cryptocurrency and blockchain applications, has said that crypto bear market could last another “12-24 more months.”
Larchevêque’s comments came during an interview with CCN – during which he stated that the management at his firm, Ledger, is expecting “Some kind of nuclear winter in crypto.” Explaining Ledger’s strategy when it comes to dealing with lower projected revenue in what’s now officially the longest crypto bear market in history, Larchevêque said his development team was “Adapting the growth of the company to make sure [it] can withstand two years of the bear market.”
As mentioned on the crypto hardware wallet manufacturer’s official website, the Ledger Vault is “Ideal for asset managers and custodians looking for convenience and streamlined operations with zero compromise on security.”
In response to a question about the “Type of customers” that are interested in solutions like the Ledger Vault, Larchevêque said mainly crypto hedge funds, investment banks, financial institutions, and family offices were interested in the firm’s digital asset cold storage solution.
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Related story: Bitcoin Long-Term Price Analysis (cryptoglobe.com)
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