Sui completes integration with Ledger… SUI tokens can now be stored directly

Doohyun Hwang

Summary

  • Sui (SUI) has completed integration with Ledger, allowing users to securely manage SUI tokens and various ecosystem tokens on Ledger Live.
  • The Sui Foundation evaluated this collaboration as enhancing self-custody accessibility for SUI and ecosystem tokens and contributing to the expansion of the decentralized finance (DeFi) ecosystem.
  • Ledger users can perform the purchase, transfer, and receipt of SUI tokens on Ledger Live, with swap and staking functions expected to be added within the year.

Layer 1 blockchain platform Sui (SUI) announced on the 9th (local time) that it has completed integration with Ledger, a global digital asset security company, to connect with Ledger's integrated platform 'Ledger Live'.

With this integration, millions of Ledger users worldwide can now store and securely manage SUI tokens as well as various tokens issued in the Sui ecosystem directly on Ledger Live. The Sui Foundation evaluated this collaboration as a significant advancement in expanding the decentralized finance (DeFi) ecosystem and greatly enhancing self-custody accessibility for SUI and Sui ecosystem tokens.

Ledger is a hardware wallet company that protects 20% of the global virtual asset market capitalization. Through this Sui integration, users can now directly perform the purchase, transfer, and receipt of SUI and ecosystem tokens within Ledger Live. Swap and staking functions are also expected to be added within the year.

Ian Rogers, Chief Experience Officer (CXO) of Ledger, stated, "Ledger is helping users manage their assets safely while enjoying an intuitive user experience," and added, "We are pleased to provide an access route through Ledger Live to users who have been waiting for Sui's fast and scalable network."

Christian Thomsen, Managing Director of the Sui Foundation, said, "It is important to provide various wallet options to holders of SUI and Sui-based tokens," and added, "Collaboration with Ledger will be a key turning point in asset security and ecosystem participation for users."

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Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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