Business, adoption & market context

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Ledger has sold over 7.5 million devices since 2014 and estimates that these wallets collectively store around 20% of the total cryptocurrency market cap
Ledger reports that hardware sales, including wallets and the new Recovery Key, now generate half of its total revenue, with the remaining 50% coming from services such as Ledger Live
Ledger aims to streamline the self-custody process by enhancing usability and reducing friction in wallet recovery through tools like Recovery Key

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