Ledger Hires Former Circle Executive as CFO, IPO May Be Delayed Due to Market Volatility

BlockBeats News, March 20th, according to The Information, cryptocurrency hardware wallet manufacturer Ledger has hired former Circle executive John Andrews as Chief Financial Officer (CFO), aiming to prepare for its potential initial public offering (IPO). John Andrews previously served as Head of Capital Markets and Investor Relations at stablecoin issuer Circle and was involved in its IPO efforts.

In addition, Ledger is opening an office in New York to expand its U.S. business. John Andrews stated that due to the current market volatility, the IPO plan may be delayed.