Ledger appoints Oded Blatman as Chief Information Officer

Ledger has appointed Oded Blatman as Chief Information Officer and Chief Security Officer. He will report to Chairman and Chief Executive Officer Pascal Gauthier.

Blatman joins from Fireblocks, where he held the same combined technology and security role for five years. At Ledger, he will oversee cyber and infrastructure security; product security, including the Donjon research unit; physical and workplace security; security operations; enterprise risk management, including supplier assurance; and internal IT.

The appointment brings information technology and security under a single executive as Ledger expands its focus on digital asset protection for individual and institutional users. The move reflects the company's view that the two functions are now closely linked as tokenised assets and AI-driven systems become more common in finance.

Blatman brings experience from the financial and software sectors, where organisations have faced large-scale security demands. Before Fireblocks, he was Global Chief Information Security Officer at Bank Hapoalim, which Ledger described as Israel's largest bank. Earlier, he served as Chief Information Officer and Chief Information Security Officer at ClickSoftware, where he oversaw security during its sale to Salesforce.

Threat shift

Ledger framed the hire against what it sees as a changing cybersecurity threat environment. It pointed to the growing use of AI in phishing, deepfake impersonation, and automated attack tools, alongside the increasing tokenisation of assets that can be targeted at machine speed.

The company argues that digital ownership systems need more than software protections alone, particularly for high-value assets. In its view, hardware-backed verification should sit alongside software controls, operational processes, and checks on human intent.

That helps explain why Ledger has combined the CIO and CSO roles. Rather than treat internal systems, product security, and risk oversight as separate domains, it is placing them under one leader as it navigates a market where security failures can carry direct financial consequences.

Gauthier said Ledger wanted leadership with direct experience operating security at scale in the digital asset industry.

"Security is Ledger's core proposition, and the threat environment is moving faster than at any point in this industry's history," said Pascal Gauthier, Chairman and Chief Executive Officer, Ledger. "Very few people anywhere have run security in our industry at this scale. Oded built and protected the systems institutions trust with billions, at Fireblocks and before that at Israel's largest bank. Bringing information and security under one leader is deliberate: the two are now inseparable, and Oded is the person to run both."

Institutional push

The hire also comes as Ledger seeks to deepen its position with larger organisations using digital assets. While the company is best known for its hardware wallets for retail users, it has also been expanding Ledger Enterprise for institutions that need custody, governance, and security controls around crypto and tokenised assets.

Ledger says it has sold more than 8 million devices in more than 165 countries. It also says almost 30% of bitcoin and more than 30% of dollar stablecoins held by retail investors are secured through its products, underscoring the scale at which it operates in the consumer market.

Its Donjon security research team is a notable part of the company's identity, and Blatman's remit includes product security for that unit. That suggests his role will extend beyond internal technology operations to the security architecture of Ledger's devices and services.

For Ledger, the challenge is broader than stopping breaches. As digital assets move further into institutional portfolios and automated systems begin making financial decisions, companies in the sector face pressure to prove that transactions, access controls, and user authorisations can be trusted.

Blatman said that convergence of technology, product security, and resilience was a key reason for his move.

"What Ledger has built over more than a decade-a rare combination of hardware-security leadership, trust with users, and world-class research through the Donjon-is a foundation few companies in this industry can match," said Oded Blatman, Chief Information Officer and Chief Security Officer, Ledger. "As digital assets move into institutional portfolios and AI agents begin taking financial actions on behalf of users, the stakes for getting security and intent right have never been higher. I joined Ledger to connect product security, enterprise technology and resilience, and to help build the trust infrastructure for what comes next."