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Ledger users can now sell their crypto for fiat without leaving the company’s secure hardware wallet environment, thanks to a new integration with Web3 payments infrastructure provider Transak. The partnership expands beyond Transak’s existing on-ramp support to now include off-ramping for Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), and other assets directly within the Ledger Live app on desktop and mobile, crypto.news can exclusively report. The integration allows users in more than 100 countries to convert crypto holdings into their local fiat currency through bank transfers and other supported payment methods. This marks a significant upgrade to Ledger Live’s ‘Sell’ section, which previously relied on more limited third-party providers. The new off-ramp is designed to work natively with Ledger’s self-custodial infrastructure, preserving user control while minimizing reliance on centralized exchanges. ‘Real freedom’ in crypto ownership Transak’s off-ramp solution is deeply integrated into Ledger Live, not just embedded via iframe or redirects. Unlike centralized exchanges, users retain full custody of their assets until a transaction is initiated. All fiat conversions are facilitated through Transak’s regulated banking partners, with security and compliance protections including ISO 27001 certification, SOC 2 Type II compliance, and multi-level KYC. Transak also supports KYC reuse across partner platforms. “Self-custody isn’t just about holding assets, it’s about having real freedom over them. With Transak Off-Ramp, Ledger users now have a seamless way to convert their crypto into fiat, directly within Ledger Live,” said Sami Start, CEO at Transak. Ledger VP of Consumer Services Jean-François Rochet added that the partnership reflects Ledger’s broader mission to combine maximum user control with access to trusted, integrated services. Crypto is “about ownership and choice” while the partnership with Transak gives users “more choice than ever, with uncompromising security.” To understand the strategy and technical detail behind this integration, crypto.news spoke with Chandrasekar Kuppusamy, Director of Developer Relations at Transak. In the Q&A below, Kuppusamy explains how the off-ramp preserves Ledger’s self-custodial ethos, what differentiates the partnership from other fiat gateways, and how Transak is scaling its infrastructure to meet growing demand. crypto.news: Transak’s expanded partnership with Ledger includes a crypto-to-fiat off-ramp embedded in Ledger Live. What was the strategic thinking behind this move, and how does integrating off-ramp services directly into a hardware wallet ecosystem align with Transak’s broader mission?  Chandrasekar Kuppusamy: Integrating a fiat off-ramp directly into Ledger Live aligns perfectly with Transak’s mission to simplify access to Web3 by making crypto entry and exit seamless and secure. Ledger is the gold standard in self-custody, and by embedding Transak’s infrastructure, we bring a “customized end-to-end solution” that eliminates the need for users to leave their trusted environment to cash out. It enhances user control while preserving the safety and UX that both companies prioritize. CN: Given Ledger’s focus on self-custody and security, how does Transak’s off-ramp integration preserve that ethos within Ledger Live? What security guarantees are you offering to reassure users that their funds remain under their control until the moment of conversion, and that sensitive personal data is protected during the KYC and bank transfer process? Essentially, how are you mitigating any new risks introduced by embedding a fiat off-ramp into Ledger’s hardware wallet environment? CK: Transak’s off-ramp solution is designed to integrate securely with non-custodial environments. Funds remain under the user’s control until they initiate the transaction. Transak never takes custody of user funds in advance. Furthermore, our Multi-Level KYC system is optimized for low-friction compliance, and we’ve implemented rigorous data protection practices including encryption, ISO 27001 certification, SOC 2 Type II compliance, and GDPR readiness. All fiat transfers are processed through regulated banking partners with secure API connections. CN: There are several competing routes for converting crypto to fiat, notably sending assets to exchanges like Coinbase to using other integrated off-ramp services like MoonPay. What makes the Ledger Live + Transak off-ramp stand out against these alternatives? How are you positioning this partnership as a differentiated offering in an increasingly crowded off-ramp market? CK: This is a custom, deeply integrated off-ramp built for a hardware wallet experience, not just an embedded iframe or redirect. Unlike centralized exchanges, users never compromise on custody. Compared to aggregators, we provide more control over flow, fees, and features. Our customized end-to-end solution includes clear signing, direct fiat payouts in 100+ countries, and reuse of existing KYC features that aren’t universally supported elsewhere. CN: Investors are highly sensitive to fees and conversion costs when cashing out. How does the fee structure of Transak’s off-ramp in Ledger Live compare to other options like selling on a centralized exchange or using alternative fiat gateways? Are there any additional spreads or extra charges baked into the conversion rates that users should be aware of, and what is Transak doing to minimize both cost and friction for those looking to liquidate? CK: Transak works hard to minimize friction and cost. Fees vary by payment method and region, but our spreads are competitive and often lower than those on exchanges due to optimized liquidity sourcing. There are no hidden fees. Users benefit from upfront clarity, real-time quotes, and bank-grade FX rates. Our goal is to make fiat conversion as cost-efficient as possible for both small and large transactions. CN: Transak boasts support for users in over 160 countries, but crypto-to-fiat rules vary widely by country from very loose to ultra strict. How is Transak ensuring that the Ledger Live off-ramp remains compliant and operational across so many regions? Can you maintain service continuity if a major market tightens its crypto regulations, and do you have contingency plans (or licenses in place) to adapt quickly to changing laws so that users aren’t left stranded when trying to withdraw their funds? CK: Transak holds and is actively pursuing licenses in major jurisdictions (including MTLs in the U.S., Canada, FIU in India, FCA registration in the UK, AUSTRAC in Australia, and VASP in Europe). This licensing foundation allows us to offer reliable services across multiple regions. We monitor regulatory updates in real time and have built flexible compliance systems that allow us to restrict or adapt specific flows without affecting global continuity. Additionally, local payout partnerships give us operational agility to respond to market shifts. CN: Continuing from the prior question, how do you convince a savvy investor that off-ramping through Ledger+Transak is as cost-effective and reliable for large transactions as any other method on the market? CK: Ledger+Transak is equipped to handle large transactions with competitive and transparent fees, highly reliable sources of liquidity, and stable payout infrastructure. It minimizes the cost and risk involved in converting and transferring large cryptocurrency holdings. CN: With the Ledger partnership enabling direct off-ramps, how is Transak preparing for its next phase of growth and scalability? Do you anticipate needing to scale up your infrastructure or support in anticipation of more hardware wallet users cashing out? CK: We’ve already made infrastructure upgrades to support the expected increase in Ledger off-ramp volume. From auto-scaling APIs to enhanced support workflows, we’re built for scale. Transak is already used by 450+ leading dApps, Exchanges and various finance apps. Our support team, already rated 4.3 5 on Trust Pilot, has been expanded and trained specifically for this partnership. We’re also scaling our systems continuously to reduce processing times and costs as demand grows. CN: Last, what new innovations or partnerships are you considering to further differentiate Transak’s off-ramp and next stage of growth? CK: At Transak, we’re focused on scaling thoughtfully, with a clear emphasis on infrastructure that improves cost-efficiency, speed, and control for our partners and their users. You can expect to see more custom integrations where onboarding and offboarding are embedded natively into trusted environments. We’re also exploring deeper collaborations with ecosystem players who are rethinking how digital assets fit into everyday finance, especially where stablecoins play a key role. The goal is to make Web3 feel less like a separate world, and more like a seamless extension of what users already know.

U.S. Bitcoin spot ETFs have recorded $3.06 billion in net inflows for the week ending April 25, 2025, their strongest weekly performance since November 2024. This capital inflow coincides with Bitcoin (BTC), which dipped below $94,000 on Sunday and is currently in the red. See below. Source: CoinGecko The combined ETF products now hold $109.27 billion in total net assets and account for approximately 5.8% of Bitcoin’s total market capitalization, according to data from SoSoValue. You might also like:XRP aiming for $5? Analysts say this rival $0.07 altcoin could be hot on its heels BlackRock leads Bitcoin ETF inflow The latest Bitcoin ETF data reveals a strong rebound in investor interest after several weeks of mixed performance. Daily inflows on April 25 reached $379.99 million, contributing to the weekly total of $3.06 billion. For context, the week ending April 11 recorded $713.30 million in net outflows, followed by a modest $15.85 million inflow the week ending April 17. Total Bitcoin Spot ETF History Data, Source: SoSoValue BlackRock’s IBIT leads with $240.15 million in daily inflows and maintains its position as the largest Bitcoin ETF with $56.03 billion in assets under management. The fund has accumulated $41.20 billion in cumulative net inflows since its launch. Fidelity’s FBTC secured the second position with $108.04 million in daily inflows and $19.12 billion in total net assets. Other notable performers include ARKB (ARK 21Shares) with $11.39 million in daily inflows and Grayscale’s BTC with $19.87 million. However, its converted flagship GBTC product continues to experience outflows, with $7.53 million leaving the fund on April 25. Trading activity has also increased substantially, with $18.76 billion in total value traded for the week, compared to $7.15 billion the previous week. The cumulative total net inflow across all Bitcoin spot ETFs now stands at $38.43 billion since their launch. Despite Grayscale’s GBTC experiencing cumulative outflows of $22.69 billion since its conversion from a trust structure, the overall ETF ecosystem continues to bring in considerable new capital. Read more:Coinbase calls for policy change to let SEC workers hold crypto

日本投资公司 Metaplanet 已发行 1360 万美元的 0% 普通债券，用于资助购买额外的比特币。 在东京上市的 Metaplanet 公司正在向 EVO FUND 发行 20 亿日元（约合 1360 万美元）的债券，这笔资金旨在购买更多比特币 (BTC)，这是该公司增加数字资产持有量的持续战略的一部分。 Metaplanet 在 2 月 27 日提交的监管文件中表示，这些债券不计利息，将于 8 月 26 日按面值赎回。不过，债券持有人 EVO FUND 有权随时要求提前赎回。该文件称，可以提前赎回全部或部分未偿还债券，但必须提前至少一个工作日提出请求。 赎回债券所需资金将来自 Metaplanet 预计将行使的第 13 至 17 期股票认购权所得。如果这些行使所得资金达到 5000 万日元的倍数，部分债券可能会被提前赎回。 你可能还喜欢：Metaplanet 将比特币储备量增加至 68 BTC，目前占总供应量的 0.01% 根据文件，债券发行将全部分配给 EVO FUND，债券不附带任何担保或抵押品。尽管有消息称，由于加密货币价格经历了一周的下跌，Metaplanet 的股价已下跌近 25%。 就在此次公告发布的两天前，Metaplanet 刚刚向其金库中注入了 135 个 BTC，巩固了其作为日本最活跃的企业比特币投资者之一的地位。 与拥有最大企业比特币金库的 Strategy（前身为 MicroStrategy）一样，Metaplanet 自启动比特币金库业务以来一直在逐步增加其持有量。正如 crypto.news 之前报道的那样，该公司的 BTC 收益率（衡量每股持有的比特币数量）在 2024 年第四季度增长了 309.8%。然而，随着 Metaplanet 增加了其股票数量，该收益率在 2025 年初已放缓至 23.2%。 阅读更多：Metaplanet 12 个月内上涨 3,600%，成为日本涨幅最快的股票

EPT, the native token of the AI-powered Web3 platform Balance, surged as much as 72% today ahead of its upcoming listing on South Korea’s Bithumb exchange later in the day. According to CoinGecko data, Balance (EPT) printed what traders call a “god candle” on May 8, rallying to an intraday high of $0.012. This pushed its market cap over $27 million while daily trading volume spiked 44% from the previous day, hitting around $63 million. The key catalyst behind today’s move was Bithumb, a major South Korea-based crypto exchange, which announced the addition of a KRW trading pair for the EPT token set at 6:00 PM KST on Friday, May 8, 2025. Bithumb becomes the latest exchange to pick up EPT, following earlier listings on Binance Alpha, Gate.io, KuCoin, Bitget, and MEXC, all of which listed the token back on April 21, right after Balance’s token generation event (TGE) and mainnet launch. At launch, the total EPT token supply was set at 10 billion. Activity in EPT’s derivatives market spiked after the Bithumb announcement broke. Data from CoinGlass shows that open interest in EPT futures spiked 52% over the past 24 hours, reaching nearly $20 million. Meanwhile, the funding rate stayed steady at 0.0050%, suggesting most traders are holding bullish positions and betting that the rally still has room to run. You might also like:Is Binance listing Pi Network soon? Wallet activity sparks rumors ahead of planned May 14 ecosystem update From a technical perspective, things are still looking positive. On the 4-hour USDT chart, EPT has broken above the upper boundary of a descending parallel channel pattern that it had been stuck in since its launch. This kind of breakout often signals a potential trend reversal and the start of a new bullish phase. EPT price, 20-day SMA and MACD chart — May 8 | Source: TradingView EPT’s price is now holding above the 20-day moving average, reinforcing the bullish sentiment. On top of that, the MACD line has crossed above the signal line, another classic sign that the recent bearish trend might be over. If the current positive momentum keeps up, EPT could push toward the next key psychological resistance at $0.014. A clean break above that level could open the doors for a move back to its all-time high of $0.017, representing a possible 54% gain from current prices. At the time of writing, EPT was trading around $0.011 per token. What is Balance? Founded in February 2024, Balance is a Web3 AI-powered platform designed to merge gaming, social engagement, and decentralized finance within a unified blockchain ecosystem. It’s built on a multichain infrastructure that allows users to explore AI-driven virtual worlds while earning rewards through its native token, EPT. The EPT token plays a central role in the Balance ecosystem, powering governance, staking rewards, liquidity incentives, and in-game utility across the platform. In September 2024, Balance raised $30 million in funding from prominent investors, including Andreessen Horowitz, Galaxy Interactive, Amber Group, and Animoca Brands, aiming to accelerate its AI-integrated Web3 gaming and social experiences. Read more:Altcoin season nears as Bitcoin dominance gets ‘overbought’ Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

关税担忧持续拖累市场，美股波动。美国关税谈判进展不大。 关税担忧仍在拖累市场，今日交易小幅上涨后出现回调。股市横盘整理，波动性较上周大幅下降。 4月15日，标准普尔500指数开盘上涨2.20点，报5,408.17点，涨幅0.04%。道琼斯指数下跌16.43点，跌幅0.04%，报40,508点；以科技股为主的纳斯达克指数下跌10.76点，跌幅0.06%，报16,822.73点。 与此同时，比特币上涨，波动性远超股市。4月15日（周二），比特币（BTC）一度触及86,429美元的日高点，随后回落至84,949美元，日涨幅达0.47%。 美国贸易战仍对市场造成压力 虽然90天的关税暂停令市场得到了急需的缓解，但人们仍然担心这种暂停能持续多久。与主要贸易伙伴的谈判进展缓慢，这意味着历史性的关税税率可能会卷土重来。 您可能还喜欢：从中国到加密货币：特朗普的关税将如何重塑世界经济 首先，彭博社报道称，由于与美国的谈判陷入僵局，欧盟预计所有出口产品仍将维持25%的关税。欧盟曾提议对所有工业出口产品实施“零对零”关税，但遭到美国拒绝。 特朗普政府认为，包括欧盟在内的大多数外国司法管辖区都利用非关税壁垒来阻碍出口。然而，这极大地增加了各方谈判的复杂性。 理论上，行业补贴、消费者保护标准、食品安全法，甚至增值税都在谈判范围内。因此，美国能否在90天的期限内达成这些协议尚不明朗。 与中国的谈判也陷入僵局，特朗普决定免除中国输美产品145%的关税，这多少缓解了谈判的紧张局势。这些智能手机是由中国企业为包括苹果在内的公司生产的，因此将适用不同的税率。 阅读更多：关税战余波：加密货币能拯救世界吗？| 观点 （比特币）