CRYPTO KEEPER

iPod mastermind Tony Fadell made Ledger's new hardware wallet - a tiny vault for digital cash-flashy and fun. Plus, with this gadget you'll never get FTX'd.

- Steven Levy

WHEN I COME TO PARIS TO SEE TONY FADELL'S NEW device, a clean rain has washed the city and the sun is out. Fadell and I hail a taxi. When he gives the address for Ledger-a maker of hardware wallets for the cryptoverse-he speaks in French, but even after six years abroad, there's still Detroit in his voice.

At the meeting we enter, everyone is speaking English. People are sitting at a large table. On the walls are labels such as PHOTO ASSETS, VIEW FROM LANDING PAGE, USER FLOW, with big printouts taped below. Fadell strides to the front of the room.

"We've got seven weeks to pull this off," he says. "Are we going to pull this off?" The people in the room say yes, they will pull it off. They sound confident, weary, but ready for the next round of work. Each person says what they have done since the last time they met.

Fadell responds with questions. What's the drop-dead date on the plastic blanks? Where's the press release? Are we recording the click-click-click? I want to hear it! The click remark reminds everyone, as if they needed it, that Fadell once led the team at Apple that created the iPod, with its elegant clicky wheel and revolutionary interface. He also cofounded Nest and created its smart thermostat, which Google then acquired.

Fadell circles the room to examine the printouts, which describe the product rollout. A man with a video camera follows him, recording the moment for posterity and promotional use.