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Ledger raises $380 million to make digital assets more secure and accessible to everyone

Date:

06/10/2021 | Blog posts

At Ledger, we see new institutions stepping into the crypto space every day and more people interacting with digital assets in their daily lives. Since 2014, we have sold more than 3 million hardware wallets in 190 countries and already have more than 1.5 million monthly users on Ledger Live. 

At Ledger, we see new institutions stepping into the crypto space every day and more people interacting with digital assets in their daily lives. We 300 strong (and growing) and proud to be a part of this movement for seven years now. Since 2014, we have sold more than 3 million hardware wallets in 190 countries and have more than 1.5 million monthly users on Ledger Live.

Today we’re excited to share highlights from our latest fundraising round, which we will use in our mission to deliver the best secure gateway for mainstream access to digital assets and the entire blockchain ecosystem.

We completed a $380 million Series C round – led by 10T, alongside other investors from our Series B round such as Cathay Innovation, Draper Associates, Draper Dragon, Draper Esprit, DCG, Wicklow Capital and newcomers including Tekne Capital, Uphold Ventures, Felix Capital, Inherent, Financière Agache (Groupe Arnault), and iAngels Technologies.

What this investment means for Ledger and our community

The Series C investment will allow us to:

  • Further innovate our hardware products, including new products in the pipeline.
  • Add new transactional services to Ledger Live such as decentralized finance solutions.
  • Integrate new third-party services through ongoing development of our proprietary OS.
  • Strengthen our capacity to support businesses through Ledger Enterprise Solutions.

We will execute these plans globally, as we continue to expand our operational and geographic footprint.

Where we go from here

We expect to see the ecosystem diversify beyond cryptocurrencies to include NFTs, real estate, and other forms of value that can be shifted onto the blockchain.  

As we look to the future, we see ourselves as the secure gateway to this growing ecosystem. Our goal is to empower users to buy, sell, swap, borrow, and lend digital assets through the Ledger Live platform, which— when combined with our hardware— offers best-in-class security and a seamless user experience.

The results of our Series C round bring us one step closer to this vision. We are excited to watch our global community grow and help people around the world begin their investment journey with confidence that their digital assets are secure.

At Ledger, we see new institutions stepping into the crypto space every day and more people interacting with digital assets in their daily lives. Since 2014, we have sold more than 3 million hardware wallets in 190 countries and already have more than 1.5 million monthly users on Ledger Live. 

Today we’re excited to share highlights from our latest fundraising round, which brings us closer to our ambition of becoming the secure gateway for mainstream access to digital assets and ultimately underpinning the security of the entire blockchain ecosystem. 

We recently completed a $380 million Series C round – led by 10T, alongside other investors from our Series B round such as Cathay Innovation, Draper Associates, Draper Dragon, Draper Esprit, DCG, Wicklow Capital and newcomers including Tekne Capital, Uphold Ventures, Felix Capital, Inherent, Financière Agache (Groupe Arnault), and iAngels Technologies. 

What this investment means for Ledger and our community

Our strong fundraising round means that Ledger now has a valuation of more than $1.5 billion[, and that’s a conservative estimate]. 

The Series C investment will allow us to:

  • Further innovate our hardware products, including new products in the pipeline. 
  • Add new transactional services to Ledger Live such as decentralized finance solutions.
  • Integrate new third-party services through ongoing development of our proprietary OS. 
  • Strengthen our capacity to support businesses through Ledger Enterprise Solutions. 

We will execute these plans globally, as we continue to expand our operational and geographic footprint. 

Where we go from here

Ledger already secures an estimated 15% of all cryptocurrency assets globally and we expect this number to increase as digital assets enter the mainstream. We also expect to see the ecosystem diversify beyond cryptocurrencies to include NFTs, real estate, and other forms of value that can be shifted onto the blockchain.   

As we look to the future, we see ourselves as the secure gateway to this growing ecosystem. Our goal is to empower users to buy, sell, swap, borrow, and lend digital assets through the Ledger Live platform, which— when combined with our hardware— offers best-in-class security and a seamless user experience. 

The results of our Series C round bring us one step closer to this vision. We are excited to watch our global community grow and help people around the world begin their investment journey with confidence that their digital assets are secure.   

Pascal Gauthier, Chairman and CEO of Ledger

Please see our full press release for more information.



Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.ledger.com/ledger-raises-380-million-to-make-digital-assets-more-secure-and-accessible-to-everyone

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