E-Ink technology, which is widely used in e-reader devices such as Amazon Kindle and Rakuten Kobo, provides a clear image in daylight while consuming minimum power. Once Ledger fulfills all pre-orders, Ledger plans to list Stax on its website while there is sufficient stock.

The long delay in shipping the hardware wallet could be attributed to the company potentially over-promising on the design front. The curved E-Ink display integrated into the Ledger Stax proved difficult to manufacture with greater scalability than expected.

Ledger Stax, unlike its other counterparts, has a larger screen and a secure touchscreen that interacts directly with the secure element of the device. This feature provides an improved user-friendly experience compared to the arrow keys found on other Ledger devices.

Both the Nano X and Stax have a Bluetooth chip, while the Nano S Plus only works with a USB-C cable. As a result, users can initiate cryptocurrency transactions from their phones and confirm them in their hardware wallets, no cables required.

Ledger initially sold the Stax for 279 euros (about $300 at the current exchange rate) during the pre-order phase, indicating that it was targeting the device at a high-end customer base. The company has not yet announced the final retail price, which will be announced when the wallet becomes available again on its website.

All Ledger products store the private keys of users’ wallets. With Ledger, private keys never leave the device, ensuring assets remain safe even if the computer or phone is compromised.

However, it is worth noting that most cryptocurrency hacking attempts are phishing attempts, and while Ledger cannot protect against social engineering and scams, they do offer a subscription product for those looking for additional peace of mind.

The launch of Ledger Stax marks the beginning of a manufacturing partnership with consumer electronics manufacturing company Foxconn. Ledger previously assembled its devices in Vierzon, France, and although the Nano S Plus and Nano X continue to be produced there, the collaboration with Foxconn represents an expansion in production capacity.

Ledger has sold more than 6 million devices to date, and the company estimates it has secured approximately 20% of the world’s cryptocurrency assets. It is worth noting that after the chaotic collapse of FTX in November 2022, Ledger experienced a significant increase in sales as consumers turned to self-custody solutions to protect their digital assets.