OKX DEX Now Available on Ledger Devices for Direct Token Trading
Ledger's latest integration enables users to perform multichain cryptocurrency swaps through the Wallet application without compromising hardware wallet security.
The French hardware wallet manufacturer Ledger has incorporated OKX DEX functionality into its Wallet application, providing users with the capability to perform multichain cryptocurrency swaps while maintaining complete self-custody of their digital assets.
The company announced that this new integration delivers OKX DEX's liquidity aggregation capabilities directly within the Ledger Wallet application, enabling token exchanges without requiring users to navigate to separate decentralized exchange platforms.
According to Ledger, the trading operations utilize OKX DEX's exclusive X-Routing technology, a system that consolidates liquidity from hundreds of decentralized trading platforms to discover optimal execution routes. All transactions continue to be authenticated on the user's Ledger hardware device, ensuring that private keys are never exposed or extracted from the physical wallet.
In a statement to Cointelegraph, a Ledger representative explained that the OKX DEX integration is being deployed in phases, with approximately 20% of Ledger Wallet users gaining access starting today. Users will not need to perform any device firmware updates or application upgrades to access the new functionality.
During the initial release phase, token swaps are compatible with Ethereum (ETH), Arbitrum (ARB), Optimism (OP), Base (BASE), Polygon (POL) and BNB Chain (BNB), though cross-chain and cross-seed swap capabilities have not yet been activated.
As a decentralized exchange aggregator operating within the broader OKX ecosystem, OKX DEX facilitates trade routing across numerous onchain liquidity sources, functioning independently from the company's centralized trading platform.
Crypto IPOs expected in 2026
This development comes after January reports indicating that Ledger is considering a US initial public offering that could assign the company a valuation exceeding $4 billion, with investment banking firms Goldman Sachs, Jefferies and Barclays participating in preliminary conversations.
Although Ledger has not provided confirmation of these reports, such a move would position it among an expanding roster of cryptocurrency companies pursuing public market debuts this year.
During January, Securitize, a tokenization platform, moved forward with plans for a public listing via merger with a blank-check company backed by Cantor Fitzgerald, revealing in associated regulatory filings that its revenue had surged by more than 840% through September 2025.
Within the same month, reports surfaced that Copper, a digital asset custody provider, was evaluating potential pathways to a public listing, although the company clarified it is not actively planning an IPO at this time.
Kraken, the US-based cryptocurrency exchange, is also anticipated to pursue a public offering at some point during 2026. Last November, Kraken announced it had confidentially submitted a draft registration statement to the US Securities and Exchange Commission, marking a concrete step toward a possible initial public offering of its common stock.
Yet on Tuesday, several media sources reported that Stephanie Lemmerman, the company's CFO, had been removed from her position. Her name is no longer visible on the Kraken-parent Payward leadership page, which currently identifies Robert Moore, previously serving as VP of business expansion, as deputy CFO.
CoinTelegraph's inquiries regarding the personnel change directed to both Payward and Kraken did not receive immediate responses.