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Nicolas Bacca

Nicolas Bacca

Co-Founder of ZKNox; Co-Founder and former CTO of Ledger, ZKNox / Ledger

ZKNox / Ledger website

Bio

Nicolas Bacca, known online as "BTChip," is a Co-Founder of ZKNox and a Co-Founder and former Chief Technology Officer of Ledger. A hardware security and cryptography expert with deep expertise in smartcard technology and secure elements, Bacca was instrumental in Ledger's technical approach to hardware wallet security — specifically the use of dedicated Secure Element chips to isolate private key material from the rest of a device's software environment.

Bacca's background predates Ledger, including work on the BTChip project — an early hardware Bitcoin signing device — which directly informed the technical approach he brought to Ledger when the company was co-founded in 2014. Ledger's historical materials identify Bacca as CTO alongside CEO Eric Larchevêque and COO Joel Pobeda during the company's critical early years. The broader Ledger founding team comprised eight entrepreneurs.

After departing Ledger, Bacca co-founded ZKNox, a cryptography and security research company focused on zero-knowledge proof systems, secure hardware and permissionless security architectures. As of August 2026, ZKNox's team page identifies him as co-founder. Information last checked: August 2026.

Profile at a glance

Country
France
Status
Active

Work & Project Background

  • Ledger

    Co-founder

  • ZKNox

    Co-founder

Key Contributions

Ledger Co-Founding & CTO

Co-founded Ledger and served as CTO, architecting the Secure Element-based hardware wallet approach that became a security standard in the industry.

Secure Element Hardware Architecture

Pioneered the use of dedicated Secure Element chips in consumer crypto hardware wallets, isolating private key material from internet-connected software environments.

BOLOS Development

Contributed to the development of BOLOS (Blockchain Open Ledger Operating System), the operating environment that runs applications on Ledger hardware devices.

ZKNox Co-Founding

Co-founded ZKNox, a cryptography and security research company focused on zero-knowledge proof systems, secure hardware and permissionless security architectures.

BTChip Hardware Security Research

Developed BTChip before Ledger's founding, an early hardware Bitcoin signing device that demonstrated the viability of dedicated secure hardware for cryptocurrency key management.

Timeline

Pre-2014

Developed BTChip — an early hardware Bitcoin signing device — bringing smartcard and secure-element expertise to Bitcoin security.

2014

Co-founded Ledger with seven other entrepreneurs including Eric Larchevêque and Joel Pobeda; served as CTO architecting the Secure Element-based hardware wallet.

2015–2018

Led technical architecture for Ledger Nano S and the BOLOS (Blockchain Open Ledger Operating System) development as CTO.

Post-2018

Departed Ledger's operating leadership; continued independent technical and cryptographic research.

2024–2026

Co-founded ZKNox, a cryptography and hardware security research company focused on zero-knowledge proofs and permissionless security architectures.

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