New Ledger High-Profiles: Welcome to our VP Trust Services and Global Head of Public Policy

Mung Ki is in charge of creating and leading a new global Business Unit to offer services to Ledger users. 

“Ledger is uniquely positioned as a global platform for Web 3 services, in particular crypto-assets and NFTs. I am really excited to join the company to create high utility services for our customers, which will enhance their experience of our devices, in areas such as making sure their devices are always available (secure storage of seeds), or managing decentralized digital IDs. With our services, we will better serve mass-market consumers, VIPs and prosumers.” said Mung Ki Woo.

Before joining Ledger, Mung Ki Woo held senior executive positions in digital banking, first at BPCE, the 20th largest retail bank in the world and then as CEO of Ditto. Previously, Mung Ki was based in the US, where he was EVP of Mobile at MasterCard. Before then, he was VP Electronic Payments & Transactions at Orange, one of the world’s largest multinational telecommunication operators, where he created and launched “Orange Money”, one of the most successful mobile payment services in emerging markets. 

On Ledger’s public policy front, Seth Hertlein will design the company’s global public policy strategy and build and lead a team of regulatory and government relations professionals in executing that strategy on behalf of Ledger’s customers and ecosystem.

In this new role, Hertlein will address the policy implications of the Ledger platform’s growing support for cutting edge digital asset applications including NFTs and the metaverse, staking and yield opportunities, enterprise-grade security solutions, and trust and transactional services within the Ledger ecosystem.  

“Secure self-custody is what makes Ledger products unique, but it is the growing community of developers and partners building new functionality on the Ledger platform that makes them powerful. Ledger’s ever expanding ecosystem means it is my job to care about every blockchain policy issue everywhere, from NFTs to DeFi to stablecoins and beyond, in every country around the world. I’m thrilled to join Ledger in defining the future of Web3,” said Seth Hertlein.

Hertlein brings deep experience in blockchain policy to Ledger, having previously served as Head of Policy and Government Relations for the Stellar Development Foundation, where he oversaw all aspects of the organization’s engagement on digital asset policy, legislation and regulation globally. 

Prior to joining the Stellar Development Foundation, Hertlein was part of the founding team that opened the Washington, DC office of FS Investments, a leading alternative investment manager. At FS, he participated in passing the first modernization of the laws governing business development companies. Prior to FS Investments, Seth was a securities regulator focused on adapting regulatory policy toward the burgeoning fintech industry. 

Mung Ki and Seth will be crucial in helping Ledger build the most secure platform to the Web3 economy. We wish them a warm welcome!