Major hardware wallet suppliers Ledger and Trezor have both released new iterations of their wallets, providing users with more options for self-custody asset protection.
Headquartered in Paris, Ledger launched its latest device, the Ledger Nano Gen5, on Thursday. Notably, the company has completely abandoned the term "hardware wallet" and now refers to all its devices as "Ledger Signers."
Competitor hardware wallet company Trezor, based in Prague, also released the Trezor Safe 7 earlier this week, describing the device as its first quantum-ready hardware wallet.
Having supplied self-custody devices for over a decade, Cointelegraph delved into the latest wallets from Ledger and Trezor, analyzing key updates, new features, and security enhancements.
Ledger's update brings several brand new features, including renaming the Ledger Live app to Ledger Wallet and launching Ledger Multisig, a tool designed to address blind signing vulnerabilities in the multi-signature ecosystem.
The new Ledger Signer—Nano Gen5—comes equipped with the Ledger Recovery Key released in June, previously supported Bluetooth connectivity, and a larger screen. The device is priced at $179 in the U.S. and €179 in Europe.
"The Ledger Nano brings the improved user experience of our secure touchscreen signers, Ledger Flex and Ledger Stax, into a more affordable package," a Ledger spokesperson told Cointelegraph.
"The larger screen compared to the Nano S Plus and Nano X provides a more intuitive interface and optimal support for plaintext signing and transaction verification," the representative stated.
Continuing its Apple-style design approach, Ledger's new device development once again invited iPod creator Tony Fadell, who also enlisted Apple icon designer Susan Kare to create exclusive badge artwork for the new Ledger Signer.
Trezor's new Safe 7 introduces the next generation of hardware wallets, featuring dual secure elements, Bluetooth, wireless charging, and a quantum-ready design.
The dual-chip design combines Tropic Square's auditable TROPIC01 chip with an EAL6+ auxiliary component that has no confidentiality protocols, while the addition of Bluetooth makes the Safe 7 the first Trezor wallet capable of wirelessly connecting to iPhones and other devices. The wallet is priced at €249.
The "quantum-ready" designation of the Trezor Safe 7 means that the device is "technically capable of receiving post-quantum updates when the time is right," Trezor COO Danny Sanders told Cointelegraph.
"Previous Trezor wallets, like all devices currently on the market, do not contain quantum-ready architecture," Sanders said, emphasizing Trezor's desire to give new meaning to "durability" in hardware wallets.
He added that quantum computing is still in a very early stage, and it will take a long time before it poses "any real threat" to existing cryptographic standards.
Despite significant updates to their self-custody technology, both Ledger and Trezor's previous wallets remain fully operational.
"When we design wallets, we do not expect users to collect all products," Trezor's Sanders said, emphasizing that meeting users' diverse needs is a top priority for the company.
Sanders stated that all Trezor wallets are fully supported and continue to benefit from ongoing security updates and enhancements.
"Ledger has never released an update that makes any old device obsolete," a Ledger spokesperson told Cointelegraph, adding that "there is always a point at which it is no longer feasible to provide updates for old products and support new features."
Related: Google announces quantum advantage: 13,000 times faster than supercomputers
Original article: “Ledger and Trezor Release 2025 Hardware Wallets: What New User Features Are There?”
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