Ledger, a Paris-based digital asset company, reported increased buying and trading activity due to recent market volatility. The company shared its statement in an August 6 post on X.

"With yesterday's volatility, we saw a lot of people taking advantage of Ledger's many options to buy and trade with our partners," said Ledger. "Scroll down for a reminder of what's available to you inside Ledger Live! You can buy a wide variety of coins, such as $BTC, $ETH, $SOL, $ADA, $USDT, and many more, easily and securely through Ledger Live. Our buying partners include @Paypal, @coinbase, @Moonpay, @btcdirect, @sardine, @coinify, @BanxaOfficial, @cryptocom and more!"

According to an interview with CoinShares CEO Jean-Marie Mognetti, Bitcoin and the crypto market have been volatile lately because they trade 24/7, making them "more sensitive to macro events" around the world. This volatility has led many people to take advantage of Ledger's options to buy and trade on their Live app.

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Ledger Live is an app created by the Ledger company that facilitates secure buying and selling of coins. A wide variety of coins can be bought through the Ledger Live app from various reliable partners. "I can compare providers so I can choose what I’d like to buy and from whom, and depending on where I am and what I’d like to buy, it’ll help me pick the best partner to buy from," said Chief Experience Officer at Ledger, Ian Rogers.

Rogers added that France is a suitable location for Ledger due to its strong engineering and security expertise. "In France specifically…this is where the chip and pin…was invented, and you do have just incredible brains around engineering and security in general, so this is an amazing place for a company like Ledger to exist, that’s why it was started here and that’s why it still exists here," he said in an interview with Bloomberg Crypto.

Several crypto companies have found a conducive environment in France for growth. According to a report by Coindesk, "crypto companies… have been offered a welcome in France, by officials boasting a regulatory framework that offers relative predictability." Secretary General of the Autorité des Marchés Financiers (AMF) told reporters, "In France, we are proud to be pioneers."

Ledger describes itself as "a fast-paced, growing company developing a variety of products and services to enable individuals and companies to securely buy, store, swap, and manage their digital assets," according to its website.

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