John Andrews joined Ledger as chief financial officer on March 20, 2026, a hire the hardware wallet maker paired with a new office in New York City, the company announced on its own blog1. Andrews spent more than two decades in finance. He most recently led capital markets and investor relations at Circle, the stablecoin issuer, according to CoinDesk's report on March 20, 20262.
The third executive hire 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 |
45 executive hires on the record in 2026 so far
Executive hires CryptoLately has verified, by year; 2026 through Oct. 2, 2026
- 2026: 45
- 2019, 2020, 2021, 2022, 2023, 2024, 2025
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 |
|---|---|
| 2019 | 11 |
| 2020 | 12 |
| 2021 | 27 |
| 2022 | 37 |
| 2023 | 20 |
| 2024 | 39 |
| 2025 | 59 |
| 2026 | 45 |
The announcement tied the hire directly to U.S. ambitions. It called the New York office “a major step in the company's expansion in its largest global market”1. CoinDesk put a finer point on the timing. It reported that Ledger “hired former Circle executive John Andrews as chief financial officer and opened a New York office as it expands its U.S. footprint ahead of a potential public listing”2. Circle's shares already trade under the ticker CRCL, and Andrews had led its capital markets and investor relations work.
What Ledger said the hire means
Andrews framed his own appointment around the trust Ledger has built with institutions. “Ledger has built the most trusted security platform for digital assets. As institutions increasingly look for secure infrastructure to operate in this ecosystem, Ledger is uniquely positioned to support that transition,” Andrews said1. Pascal Gauthier, Ledger's chairman and chief executive, described the mandate in his own statement. “John Andrews brings the institutional rigor and financial leadership necessary to scale Ledger's global vision,” Gauthier said, adding that "institutions today require the cryptographic certainty that only Ledger provides".
CoinDesk named the stakes plainly: a potential public listing, which it reported could value Ledger at more than $4 billion2. Ledger sells hardware wallets and custody infrastructure rather than a stablecoin, so a listing would test whether his playbook from Circle transfers to a company built on devices and security services instead of a token.
What to watch
A confidential S-1 filing or a disclosed funding round would be the clearest sign that Andrews's hire points toward the listing CoinDesk flagged. An institutional custody partnership, arriving on its own, would show the hire paying off on Ledger's own terms instead.
Sources
- "New CFO & Opening of NYC Office to Scale U.S. Expansion," Ledger, March 20, 2026, https://www.ledger.com/blog-nyc-office-new-cfo
- "Ledger hires Circle's (CRCL) John Andrews as CFO, opens NYC office," CoinDesk, March 20, 2026, https://www.coindesk.com/business/2026/03/20/crypto-wallet-maker-ledger-taps-a-former-circle-exec-as-cfo-to-help-lead-its-push-into-the-public-markets