Opera Steps Up Blockchain Initiative with Ledger Capital Partnership

Internet browser Opera has teamed up with Ledger Capital to explore blockchain applications.

Norway-based internet browser Opera has announced a strategic partnership with blockchain advisory and financial services firm Ledger Capital. According to a press release published on Friday, the companies will work together to explore further applications and use cases for blockchain and how the technology can be deployed within Opera products and its ecosystem.

Opera entered the crypto industry in December 2017 when it provided built-in cryptojacking protection for its users. Six months later, the company filed with the US Securities and Exchange Commission (SEC) for an Initial Public Offering to raise $115 million. With the Nasdaq listing, Opera gained investment capital from companies such as Tospring Technology, also known as Bitmain — a Chinese cryptocurrency mining giant.

In July and August, Opera added a built-in cryptocurrency wallet in its versions for Android mobile devices and desktop computers.

The internet browser noted in its latest statement that “the past 18 months have brought tremendous activity around cryptocurrencies” and the company aims to facilitate the mainstream adoption of the nascent digital asset class.

“Having a crypto wallet in the browser brings the cash experience to the world of online payments,” said Charles Hamel, product lead of Opera’s crypto wallet. “Paying with the crypto wallet is like sending digital cash straight from your phone, and we’ve just made it easier. This opens up new possibilities for merchants and content creators alike.”

Ding’an Fei, managing partner at Ledger Capital, prized Opera for its recent activity in the crypto and blockchain space:

“We are excited to work with an innovator and industry leader like Opera. Opera has already taken the lead among the major browsers, with the integration of the innovative crypto wallet and investments from other leading crypto companies like Bitmain. We are looking forward to exploring the next steps in how Opera will leverage its massive ecosystem and technical competencies to create exponential value for its user base and the greater blockchain space.”