Ledger Wallet Update 🚨 : Ledger has introduced a physical "Ledger Recovery Key" for its Stax and Flex devices, as announced on June 24, 2025. This NFC-enabled offline backup device stores a PIN-protected copy of the user's 24-word Secret Recovery Phrase in a Secure Element chip, allowing wallet recovery by tapping it against a compatible Ledger device. It complements the traditional recovery phrase and does not require cloud storage or identity verification, unlike the Ledger Recover service. The device has undergone security testing and is supported by open-source code and a whitepaper for transparency.
