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Foundation Passport vs Ledger Nano S Plus

Comparing
two wallets
Decided by
Editorial rating
Last reviewed
2026-08-26
Foundation Passport4.3Bitcoin-only

Bitcoin-only hardware from a US company, now sold as the $349 Passport Prime: keys, two factor codes, security keys and encrypted storage in one device.

Ledger Nano S Plus4.3

Ledger's $59 entry device: the same certified secure element as the $399 Stax, no Bluetooth, and no iPhone support at all.

No verdict

No verdict: both wallets score 4.3 out of 5 on our rubric, so the rows below decide by what you need.

Criterion
Editorial rating
Foundation Passport
4.3
Ledger Nano S Plus
4.3

Foundation Passport and Ledger Nano S Plus, fact by fact

Every row is from the two reviews as of their review dates, with sources on each. A check marks the side a decidable criterion favours; rows without one are information, not a score.

Foundation Passport and Ledger Nano S Plus compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
FactFoundation PassportLedger Nano S Plus
Editorial rating4.34.3
StatusAvailableAvailable
Made byFoundation DevicesLedger
Price$349$59
Who holds the keysself-custodial, keys held on dedicated hardware and isolated from sandboxed apps by the KeyOS microkernelself-custodial, keys held in a CC EAL6+ certified secure element chip
Bitcoin-onlyYesNo
Runs oniOS, AndroidAndroid, Windows, macOS, Linux
ScreenNot stated1.1 inch monochrome OLED, 128 x 64 pixels, with two physical buttons
ConnectivityQuantumLink encrypted Bluetooth through a dedicated chip, plus NFC and USB for security key use; setup and updates run through the Envoy appUSB-C only, for desktop and Android use; no Bluetooth and no battery
ReleasedNot stated2022
Countries on the maker's listNo published list218
Last reviewed2026-08-262026-08-26

Pros and cons, side by side

Foundation Passport

What works

  • Bitcoin only, with open source apps and a published independent audit quote
  • KeyOS sandboxes apps so a compromised app cannot reach the master keys
  • Bluetooth runs through a dedicated chip rather than the processor holding your secrets
  • Envoy is distributed on F-Droid as well as the App Store and Google Play
  • Assembled in the USA, which matters if supply chain provenance is part of your threat model

What to watch

  • $349 is well above most bitcoin-only signers
  • Passport Core, the cheaper earlier model, has been discontinued
  • No reachable country list: the terms name a Shipping Policy that is not published anywhere, and Foundation may refuse an order over export or sanctions concerns
  • A smaller company with a shorter public track record than Ledger, Trezor or Coinkite

Ledger Nano S Plus

What works

  • Cheapest current Ledger at $59 on Ledger's own store
  • Same ST33K1M5 secure element, certified to CC EAL6+, as the $399 Stax
  • Far more coin app storage than the original Nano S it replaced
  • No Bluetooth and no battery, so there is no radio attack surface and nothing to wear out

What to watch

  • No iOS support: Ledger's system requirements list Windows, macOS, Ubuntu and Android only
  • Cable only, so you cannot sign from a phone without plugging in
  • The 128 x 64 pixel screen turns checking a long address into a multi step scroll
  • Closed source firmware, unlike Trezor and BitBox

Frequently asked questions

Is Foundation Passport or Ledger Nano S Plus better?

No verdict: both wallets score 4.3 out of 5 on our rubric, so the rows below decide by what you need. The rating follows the product rubric published on our about page; the rows above set custody, price and platforms side by side so you can check it.

Which is cheaper, Foundation Passport or Ledger Nano S Plus?

Ledger Nano S Plus, at $59 against $349, on each maker's own store price as of the review date.

Is Foundation Passport or Ledger Nano S Plus bitcoin-only?

Foundation Passport is bitcoin-only; Ledger Nano S Plus supports other assets too. Bitcoin plus more than 500 assets in the Ledger Wallet app, and thousands more through third party wallets

The full reviews: Foundation Passport and Ledger Nano S Plus, each with its sources, and every wallet we review.

More comparisons

Every other head-to-head Foundation Passport or Ledger Nano S Plus appears in.

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