Investment bank Needham expects thisisarculus to close the gap with crypto wallet competitors Trezor and Ledger over the next few years. By mikeybellusci
Arculus hardware wallet
Cold storage is a way of holding cryptocurrency tokens offline rather than on an internet-connected exchange. CompoSecure could sell 160,000 Arculus units this year and 840,000 units in 2023, Todaro estimated. While Ledger and Trezor will sell more wallets over those years thanks to customer “stickiness,” Todaro thinks the speediest growth will be in Arculus.
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