Wallet Recovery Now at a Tap
Ledger has introduced a new product — a physical device for fast access recovery to crypto wallets. Now, users of Ledger Flex and Ledger Stax can regain access to their assets simply by tapping a card and entering a PIN code.
This is the first physical “backup key” based on a secure NFC channel and the Secure Element technology already used in Ledger’s main products.
According to the company, the Recovery Key is another step toward simplifying self-custody of cryptocurrencies without compromising security.
An Alternative to Seed Phrases and Managed Services
Recovery Key complements existing recovery options, including the traditional 24-word seed phrase and the paid Ledger Recover service launched in 2023.
The new product is entirely offline, does not require cloud or account access, and can only be created and activated directly on a Ledger device with on-screen confirmation.
Key Features:
-
Wallet recovery with a single tap and PIN code
-
Unlimited user-created Recovery Keys
-
Supported only by Ledger Flex and Ledger Stax e-ink devices
-
Protection via isolated secure element and NFC
Ledger emphasizes that using the Recovery Key is completely optional and can be combined with other methods. Options include seed phrase only, physical key only, Recover service, or a combination of all.
A New Wave of Demand Requires New Solutions
Ledger notes that with the crypto market growing (market cap increased by nearly $1 trillion in a year), many users are seeking more convenient and secure backup solutions — especially amid concerns about storing funds on centralized exchanges and unsafe mobile wallets.
“Too many people still store assets on exchanges and in vulnerable wallets,” said Ledger’s Chief Experience Officer Ian Rogers. “Recovery Key makes secure self-custody simple and accessible to everyone.”
Security and Open Source
Ledger stated that the Recovery Key has passed an audit and internal testing by the company’s white-hat hacker team Donjon, as well as external auditors. The source code and technical white paper have already been published as part of Ledger’s transparency strategy.
Ledger’s CTO stated:
“We are proud to introduce the Recovery Key with open source code and full documentation. This is the result of months of work and thorough review by industry experts.”
Ledger Continues to Expand Its Ecosystem
The launch of the Recovery Key follows the successful 2024 release of the Stax and Flex devices, which helped Ledger surpass 7.5 million wallets sold.
The new device integrates into the ecosystem and expands the options for recovery while maintaining the core principle — the user always remains the primary guardian of access.
What’s Next?
Sales of the Recovery Key will begin soon. Ledger promises to share more details on pricing and compatibility. The device is already seen as a logical evolution in hardware wallets: less reliance on paper, more convenience, and the same level of security.