# Ledger and Kraken let you store stocks offline

> A partnership between hardware wallet maker Ledger and crypto exchange Kraken's parent company Payward now lets investors hold tokenized stocks on secure physical devices.
- Title: Ledger and Kraken let you store stocks offline · Fortune
- Summary: A partnership between hardware wallet maker Ledger and crypto exchange Kraken's parent company Payward now lets investors hold tokenized stocks on secure…
- Keywords: ledger, payward, kraken, tokenized stocks, cold storage, hardware wallets, cryptocurrency, let, store, stocks, offline, Fortune
- Source: Fortune — https://fortune.com/2026/09/24/ledger-kraken-payward-stocks
- Author: Jeff John Roberts
- Read time: 1 min
- Topics: ledger, payward, kraken, tokenized stocks, cold storage, hardware wallets, cryptocurrency
## Stocks meet cold storage
Ledger, a hardware wallet maker, and Payward, parent company of crypto exchange Kraken, announced a partnership on Thursday allowing investors to buy and store tokenized stocks offline on secure physical devices.
## What cold storage means
Hardware wallets store digital assets on physical devices not connected to the internet, a method called cold storage long favored by Bitcoin users reluctant to trust third parties or risk online hacking.
## A new option for stocks
Until now, cold storage was not available for stocks. Paper certificates remain an option but require a complicated request process and steep fees, making offline stock storage extremely rare.
## Who might want this
Ledger executive Sebastien Badault says the service appeals to two groups: Ledger's approximately eight million retail and institutional customers who prefer self-custody, and traditional stock buyers growing uneasy with hacking threats from AI and quantum computing.
## How the partnership works
Customers using Payward's xStocks platform can require a signature on their Ledger device before completing a transaction. Ledger devices will now include xStocks integration alongside their existing trading platform and custody services.
## Expansion plans ahead
Ledger devices including its flagship Stax model currently integrate only with Payward's tokenized stocks, but Badault said the company is in talks with Coinbase, Binance and Robinhood about integrating their tokenized stocks too.

> By partnering with Ledger, we're building where the industry is heading: a future where secure self-custody and global financial infrastructure work hand in hand to provide powerful and seamless trading experiences.
## Key takeaway

Ledger and Payward have partnered to let investors store tokenized stocks on offline hardware devices, extending cold storage security beyond crypto to traditional assets.