Demetrios Skalkotos became global head of Ledger Vault on Nov. 26, 2018, the day the Paris security company opened an office in New York City to house the custody unit12. A team of 150 built the business behind him. Its hardware wallet line had sold in nearly 170 countries by that date, according to the company's own post.
Five leadership moves at Ledger on the record since 2018
Every move CryptoLately has verified there, by the day it became public
Moves: The Moves Ledger, CryptoLately's record of verified leadership moves, Oct. 3, 2016 to Oct. 2, 2026.
Read the chart as a table
| Date | Event |
|---|---|
| Nov. 26, 2018 | Skalkotos became Global Head of Ledger Vault. Demetrios Skalkotos was named Global Head of Ledger Vault of Ledger |
| April 24, 2019 | Gauthier became CEO. Pascal Gauthier was named Chief Executive Officer of Ledger |
| Dec. 5, 2019 | Guillemet became CTO. Charles Guillemet was named Chief Technology Officer of Ledger |
| March 20, 2026 | Andrews became CFO. John Andrews was named Chief Financial Officer of Ledger |
| Sept. 9, 2026 | Blatman became Chief Information Officer. Oded Blatman was named Chief Information Officer and Chief Security Officer of Ledger |
Eight executive hires on the record in 2018
Executive hires CryptoLately has verified, by year
- 2018: 8
- 2017, 2019, 2020, 2021, 2022, 2023, 2024
Moves: The Moves Ledger, CryptoLately's record of verified leadership moves, Oct. 3, 2016 to Oct. 2, 2026.
Read the chart as a table
| Item | Value |
|---|---|
| 2017 | 2 |
| 2018 | 8 |
| 2019 | 11 |
| 2020 | 12 |
| 2021 | 27 |
| 2022 | 37 |
| 2023 | 20 |
| 2024 | 39 |
The appointment
Pascal Gauthier, Ledger's president, named the reason for the New York office in the announcement. “New York City is the center of the financial world, hence having our Ledger Vault operations based in the region was a natural fit,” Gauthier said. “Having spent his whole career working as a leader in enterprise and financial services products, Demetrios Skalkotos is the perfect candidate to bring Ledger Vault to life and oversee its continued growth.”1 Crowdfund Insider confirmed the appointment and the office move on Nov. 26, 2018, citing the company directly2.
Skalkotos described the product's purpose in his own quote from the announcement. “As Blockchain revolutionizes the financial system, so must the security solutions that protect it,” he said. “Secure storage of large multi-cryptocurrency funds is a highly complex challenge that cannot be solved by just implementing procedures.”1 The custody tool pairs a custom operating system, BOLOS, with a hardware security module chip, a combination the company calls unique among crypto-asset protection firms.
What Ledger Vault targeted
Ledger built Ledger Vault for institutions, beyond individual wallet buyers. The announcement named financial institutions, family offices and fund managers as the intended customers. It offered a governance framework for multiple approvers on one account1. New York, standing apart from the Paris headquarters, put the custody product inside the city where those institutional buyers sit.
What the record shows
Ledger opened its New York office on Nov. 26, 2018, the same day it named Skalkotos. He ran Ledger Vault for financial institutions, family offices and fund managers1. Skalkotos led a tool pairing Ledger's BOLOS operating system with a security chip, a mix the company called unique at the time.
Sources
- Ledger, "Ledger Expands to New York City, Appoints Demetrios Skalkotos as Global Head of Ledger Vault," Ledger Blog, Nov. 26, 2018, https://www.ledger.com/ledger-expands-to-new-york-city-appoints-demetrios-skalkotos-as-global-head-of-ledger-vault
- Samantha Hurst, "Ledger Announces Expansion to New York City; Appoints Demetrios Skalkotos as Global Head of Ledger Vault," Crowdfund Insider, Nov. 26, 2018, https://www.crowdfundinsider.com/2018/11/141682-ledger-announces-expansion-to-new-york-city-appoints-demetrios-skalkotos-as-global-head-of-ledger-vault/