NGRAVE, Global Pioneer in Digital Asset Security, Completes Strategic Restructuring With Sights Set on USD 10 Billion in Assets Secured

TheNewsCryptoPublished on 2026-01-15Last updated on 2026-01-15

Abstract

Belgian digital asset security company NGRAVE, known for its EAL7-certified cold wallet solutions, has completed a strategic restructuring. A consortium of long-term investors, including the Lydian Group, acquired the company’s core assets with the goal of accelerating growth. The new ownership aims to expand assets secured through NGRAVE’s products from the current $1.5 billion to $10 billion by 2026–2027. All core technology, including proprietary firmware and the GRAPHENE backup system, remains intact with no security breaches to date. Co-founder Ruben Merre returns as CEO, emphasizing the company's commitment to making institutional-grade self-custody accessible to all crypto holders. NGRAVE will maintain its headquarters in Belgium and existing partnerships.

The Belgian based technology company NGRAVE, known for being the only cold wallet solution in the world featuring EAL7-designed security, has completed a strategic restructuring.

A group of long-term investors – including the Lydian Group, founded by the creators of Mangrove Capital – acquired the company’s core assets, with the ambition of propelling NGRAVE into its next phase of steep growth. The Lydian group is one of the largest conglomerates in the industry, active in media, infrastructure provision and trading, serving over 20 million customers on a monthly basis and transacting over USD 50 billion annually.

The new ownership plans to build on NGRAVE’s existing technological foundation and product line, as well as its large international client base. The ambition is to grow assets secured on NGRAVE solutions from approximately USD 1.5 billion today to USD 10 billion throughout 2026 – 2027.

The core technology — including proprietary firmware, operating system, cryptographic stack, and the GRAPHENE backup solution — remains intact and battle-tested, with zero security incidents to date.

“This new structure allows us to preserve years of technological innovation while operating on a basis that will enable exponential growth,” said Quentin Grutman, Chairman of the Board. “Security, long-term value creation, and institutional credibility remain at the core of our strategy and engagement.”

NGRAVE co-founder Ruben Merre, who was responsible for the original vision, the development of all patented technologies, and the sale of wallets allowing USD 1.5 billion worth of crypto assets secured today, will return in his initial CEO role: “This new chapter will allow us to double down on self-custody. Our goal is to make institutional-grade security accessible to every crypto holder.”

The company will continue to be headquartered in Belgium and will preserve its former partnerships with industrial, technological, and institutional players.

About NGRAVE

NGRAVE is a Belgian technology developing advanced self-custody solutions for both individuals and institutions. Its portfolio spans hardware wallets, backup systems, and companion software designed to safeguard digital wealth in a rapidly evolving crypto landscape.

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Related Questions

QWhat is the main security feature that makes NGRAVE's cold wallet solution unique?

ANGRAVE's cold wallet is the only one in the world featuring EAL7-designed security.

QWhich investor group acquired NGRAVE's core assets and what is their background?

AThe Lydian Group, founded by the creators of Mangrove Capital, acquired the assets. They are a large conglomerate active in media, infrastructure, and trading, serving over 20 million customers monthly and transacting over $50 billion annually.

QWhat is the new ownership's growth target for assets secured on NGRAVE solutions?

AThe ambition is to grow from approximately $1.5 billion today to $10 billion throughout 2026-2027.

QWhat core technologies did the new ownership preserve from NGRAVE?

AThe proprietary firmware, operating system, cryptographic stack, and the GRAPHENE backup solution were all preserved and remain intact and battle-tested.

QWho is returning to the role of CEO and what is the company's goal for self-custody?

ACo-founder Ruben Merre is returning as CEO. The goal is to make institutional-grade security accessible to every crypto holder.

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