Ledger Wallet rolls out ‘BTC yield’ feature in collaboration with Lombard and Figment

Ledger, the leading provider of hardware and software security for cryptocurrencies, has announced a landmark collaboration with the renowned Swiss private bank Lombard Odier and the Web3 infrastructure provider Figment to launch a secure ‘BTC yield’ feature within its Ledger Live application. This integration allows users to generate passive income on their Bitcoin holdings without transferring custody of their private keys, maintaining the non-custodial security for which Ledger is known.

The new product represents a crucial bridge between traditional finance (TradFi) and the digital asset economy. Lombard Odier is responsible for the institutional-grade financial structuring and regulatory oversight of the yield mechanism, lending significant credibility and security to the offering. Meanwhile, Figment provides the necessary technical infrastructure, ensuring seamless connectivity and reliable execution of the yield strategies directly accessible through the Ledger Live interface.

This move addresses a major demand from Bitcoin holders seeking productive ways to utilize their assets while bypassing the risks associated with centralized lending platforms or complex decentralized finance (DeFi) protocols. By wrapping institutional expertise (Lombard) and technical reliability (Figment) into the highest standard of hardware security (Ledger), the collaboration aims to transform Bitcoin from a passive store of value into an actively earning asset, broadening its appeal to both seasoned crypto investors and institutional clients looking for compliant, high-security earning opportunities.

Source: Ledger Wallet rolls out ‘BTC yield’ feature in collaboration with Lombard and Figment