Crypto unicorn Ledger raises another 100M

Crypto unicorn Ledger raises another $109M

·31/03/2023
·Laeti Marison (SatoshiBelle)

Thanks to a new fundraising round of $109 million, global crypto wallet leader Ledger is now valued at $1.4 billion.

That’s because in an extension of its Series C round, France-based Ledger has raised $109 million from True Global Ventures and other investors.

Ledger is proud to announce our Series C extension fundraising round.

We continue our mission of bringing ease-of-use and uncompromised security to your digital value.

Read what our CEO @_pgauthier has to say:https://t.co/JSHyi5jKIQ pic.twitter.com/aGi2FhOXCs
— Ledger (@Ledger) March 30, 2023

A few months after launching STAX, a new crypto wallet designed by Tony Fadell, the inventor of the iPod, France’s Ledger just announced a new $109 million fundraising round that brings its valuation to $1.4 billion.

Institutional investors in this latest round of funding include Morgan Creek, Cité Gestion SPV, Digital Finance Group, VaynerFund, True Global Ventures, and 10T.

I am grateful for the continued support of our long-term investors, and welcome new investors who support the current undeniable revolution in value and hardware. These funds will accelerate our mission to bring a new generation of secure consumer devices to hundreds of millions of people exploring digital assets,” commented Ledger CEO Pascal Gauthier.

The French unicorn has now raised a total of around €450 million since its inception in 2014.

According to Ledger, 20% of the world’s cryptos are stored and secured on its crypto wallets, like the popular Ledger Nano X.

Earlier this month, the crypto security company unveiled a browser extension to connect a Nano X wallet directly to DApps.

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Article written by: Laeti Marison (SatoshiBelle)

Laeti Marison, also known as SatoshiBelle, is a multifaceted professional with a passion for community management, content creation, and digital marketing. With a diverse background in various roles, Laeti has consistently demonstrated her expertise and dedication in the field. Recognizing her potential, Laeti then took on the responsibilities of a Project and Community Manager at Magna Numeris and Cartam from November 2018 to March 2021. In this role, she showcased her ability to successfully lead projects and foster strong relationships within the community. Currently, Laeti serves as an SEO content writer, Digital Marketing Manager, and co-founder at Trendingcrypto.news magazine, starting from February 2022 till now. Through her expertise in digital marketing and her passion for the crypto industry, she has contributed to the success of the magazine, ensuring its content remains relevant, engaging, and informative.