Hardware wallet maker Ledger has introduced a new product called Recovery Key, offering users a physical, PIN-protected spare key to regain access to their crypto wallets.
The launch marks another step toward improving user experience while maintaining the core principle of self-custody.
Tap-and-Recover Simplicity for Ledger Devices
The Recovery Key is specifically designed for Ledger’s Flex and Stax devices—both equipped with e-ink touchscreens. According to information from Ledger, shared by The Block, users can recover wallet access in minutes by simply tapping the Recovery Key card to their device and entering a PIN.
The technology runs on the same secure element infrastructure that powers Ledger’s existing hardware wallets and connects via offline NFC with no intermediaries involved.
Backup Innovation for a $2 Trillion Market
As global crypto adoption accelerates—adding nearly $1 trillion to the total crypto market cap over the past year—Ledger argues that traditional seed phrase recovery methods are becoming less practical for modern users.
With Recovery Key, users can generate secure backup keys in addition to their original 24-word seed phrases. Each backup key remains offline, PIN-protected, and physically stored on durable hardware.
“As the crypto ecosystem matures, security must evolve with it,” Ledger noted in its statement.
Optional, Scalable, and Self-Custodied
Recovery Key creation is entirely optional and must be manually approved on the Ledger device itself. There is no limit to how many spare keys a user can create, giving individuals and institutions flexibility in how they manage access and redundancy.
Ledger’s move reflects a broader industry trend toward user-friendly yet secure self-custody solutions, aiming to close the gap between decentralization and convenience.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/ledger-launches-recovery-key-to-simplify-crypto-wallet-access-and-backup/