Ledger and Pudgy Penguins Tease Collaboration

Major crypto wallet Ledger has suggested an upcoming collaboration with the popular Pudgy Penguins non-fungible token (NFT) collection.

On Thursday, Ledger posted a brief teaser on Twitter, writing: “Something cool and secure is coming your way…keep an eye out.”

It went on to tag Pudgy Penguins, followed by a lock and a penguin emoji.

Just like Ledger included the eyes emoji in its tweet, Pudgy Penguins replied with the eyes emoji.

Finally, the company included geographic coordinates 25.2411° N, 55.2684° E, which point to Dubai. This could indicate a launch or reveal event.

However, the two companies have not yet provided additional information.

Notably, Dubai is one of the world’s major crypto hubs. One of the reasons is that the Dubai Virtual Asset Regulatory Authority (VARA) has provided a clear framework for digital assets.

In March, the Dubai Financial Services Authority (DFSA) launched a Tokenization Regulatory Sandbox within the Dubai International Financial Centre (DIFC). It provides crypto firms with a controlled environment to develop tokenized investment products.

Also in March, the Dubai Land Department (DLD) launched the pilot phase of its Real Estate Tokenisation Project, and DFSA gave Ripple the “first license in the Middle East” to offer regulated crypto services.

In May, the emirate will host HODL 2025, formerly known as the World Blockchain Summit.

Pudgy Penguins Partners With Lotte, Continues Expansion

On 18 April, Pudgy Penguins announced a partnership with the South Korean retail and entertainment giant Lotte.

The partners have launched a 500-strong collection, priced at $299 per NFT.

Earlier in April, publicly traded Canadian company SOL Strategies announced a partnership with Pudgy Penguins to launch a dedicated Solana validator. SOL Strategies’ validator program offers white-label infrastructure solutions and enables key partners to contribute to network security while earning staking rewards.