In partnership with Brink, a Bitcoin research and development center, Ledger is contributing $5 to Brink for every Ledger Bitcoin hardware wallet sold. The funds raised will go towards bolstering the Bitcoin network and developers.
According to a blog post on Ledger’s website, through this collaborative campaign, Ledger has already contributed $50,000 to Brink. All of the funds will be allocated to Brink’s engineers. Brink’s programs support Bitcoin developers around the world, many of whom are volunteers. “I’m excited about this […] ongoing campaign with Ledger. Not only is Ledger providing hardware signing devices for individuals to secure their Bitcoin, but they are also, through their contributions to Brink, helping to secure the underlying Bitcoin network itself,” said Brink Executive Director Mike Schmidt in the post.
According to the post, Ledger said it is committed to supporting the health and progress of the Bitcoin network. It does so by providing Bitcoin developers with funding, education, and mentoring. Brink also provides grants to existing Bitcoin developers for testing, reviewing, maintaining, and securing the Bitcoin Core codebase.
The post further states that Brink is entirely funded by donations. Its sponsors include Jack Dorsey’s #startsmall fund, investment firm and Bitcoin Spot Exchange-Traded Fund (ETF) provider VanEck, and crypto exchange Coinbase.
Ledger is a Paris-based digital wallet provider. According to the company’s website, Ledger offers multiple hardware wallets as well as a companion app that can be used to manage and stake digital assets.
