Main crypto pockets Ledger has recommended an upcoming collaboration with the favored Pudgy Penguins non-fungible token (NFT) assortment.
On Thursday, Ledger posted a quick teaser on Twitter, writing: “Something cool and secure is coming your way…keep an eye out.”
It went on to tag Pudgy Penguins, adopted by a lock and a penguin emoji.
— Pudgy Penguins (@pudgypenguins) April 17, 2025
Identical to Ledger included the eyes emoji in its tweet, Pudgy Penguins replied with the eyes emoji.
Lastly, the corporate included geographic coordinates 25.2411° N, 55.2684° E, which level to Dubai. This might point out a launch or reveal occasion.
Nonetheless, the 2 corporations haven’t but offered extra info.
Notably, Dubai is among the world’s main crypto hubs. One of many causes is that the Dubai Digital Asset Regulatory Authority (VARA) has offered a transparent framework for digital property.
In March, the Dubai Monetary Companies Authority (DFSA) launched a Tokenization Regulatory Sandbox inside the Dubai Worldwide Monetary Centre (DIFC). It supplies crypto companies with a managed atmosphere to develop tokenized funding merchandise.
Additionally in March, the Dubai Land Division (DLD) launched the pilot part of its Actual Property Tokenisation Challenge, and DFSA gave Ripple the “first license in the Middle East” to supply regulated crypto companies.
In Might, the emirate will host HODL 2025, previously referred to as the World Blockchain Summit.
Pudgy Penguins Companions With Lotte, Continues Growth
On 18 April, Pudgy Penguins introduced a partnership with the South Korean retail and leisure large Lotte.
The companions have launched a 500-strong assortment, priced at $299 per NFT.
Earlier in April, publicly traded Canadian firm SOL Methods introduced a partnership with Pudgy Penguins to launch a devoted Solana validator. SOL Methods’ validator program affords white-label infrastructure options and allows key companions to contribute to community safety whereas incomes staking rewards.
On March 20, digital asset and crypto fund administration agency Canary Capital filed an S-1 registration with the US SEC for an ETF investing instantly in Pudgy Penguins NFTs and the PENGU meme token. The proposed ETF can be the primary in the US to carry NFTs instantly.
— Luca Netz
(@LucaNetz) March 20, 2025
PENGU is a meme coin launched by the creators of Pudgy Penguins on the Solana blockchain with plans to develop to Ethereum and different ecosystems.
On the time of writing, PENGU trades at $0.005191. It’s up 4.1% in a day, 2.8% in per week, and 26% in a month.
It has decreased by 18% in a 12 months. The coin hit its all-time excessive of $0.06845 in December 2024, dropping 92.4% since.
In the meantime, in March this 12 months, First Digital, the group behind the FDUSD stablecoin, introduced a strategic partnership with Ledger Enterprise TRADELINK, Ledger’s off-exchange, to allow international market makers, institutional traders, and asset managers to leverage FDUSD for off-exchange settlements.
In April, Ledger introduced that Layer-1 blockchain Sui is reside on Ledger Dwell Cellular. This transfer permits customers to ship, obtain, and handle SUI cash “on the go.”
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