Ledger, the crypto hardware maker, has partnered with the regulated crypto community HAYVN in a strategic move to provide Ledger Live customers with safe and reliable off-ramping services.
This collaboration will enable customers of Ledger to securely convert their crypto to fiat. HAYVN is regulated in multiple countries and jurisdictions including Australia, Lithuania, the Cayman Islands, and Abu Dhabi, and provides services such as payments, trading, custody, and asset management.
The partnership will benefit Ledger Live clients, who will be able to off-ramp their crypto safely. HAYVN’s services are available to businesses, corporates, governments, family offices, and individuals.
Christopher Flinos, the CEO of HAYVN, commented: “This partnership with Ledger allows thousands of Ledger Live clients to safely convert to fiat. Such scale will increase confidence across the entire digital asset industry.”
The press release also stated that the partnership will also include the onboarding of the Ledger Enterprise solution. HAYVN will use the solution to manage client assets and to improve its security and governance.
Sebastian Badault, VP of Enterprise Revenue at Ledger, stated that the goal of Ledger Live is to offer customers a platform that provides them with the services they need in the way they want. HAYVN’s compliance record is critical to this goal.
In addition to increasing the off-ramp options available to customers, the partnership will also increase access to self-custody. The use of Ledger Enterprise demonstrates HAYVN’s commitment to strong governance and security, Badault said.
HAYVN Pay also launched crypto payments for retailers in November 2020 with its partnership with WooCommerce. Then, in August 2021, HAYVN Pay partnered with Gayo Aviation to offer crypto payments to the luxury travel firm.
