Ledger opens up an assessment of $ 1.4 billion after financing of $ 109 million has been secured

Ledger opens up an assessment of $ 1.4 billion after financing of $ 109 million has been secured

During the market for digital assets with regulatory confusion, Ledger's known keyword "not your keys, not your coins" has proven to be more popular with its customers.

On March 30th, Ledger, the company behind hardware wallets such as Nano S and Nano X, announced the successful completion of its financing round to expand Serie C and collected a total of $ 109 million to optimize and expand the wallet production.

ledger is proud to announce our financing round to extend series C.

We continue our mission to give your digital value user -friendliness and uncompromising security.

Read what our CEO @_ Pgauthier has to say: https://t.co/jshyi5jkiq 30. March 2023

Thanks to the financing, Ledger has reached an assessment of 1.3 billion euros-almost $ 1.418 billion). According to Bloomberg, the French hardware company plans a second and third closing in April due to the high investor interest.

The institutional investors who take part in the latest financing round are Morgan Creek, Cité Gestion SPV, Digital Finance Group, Vayner Find, True Global Ventures and 10th

Ledger wants to grow despite regulatory uncertainty

Despite the regulatory uncertainty in the digital-asset industry, Ledger continues to flourish and expands so far that it now protects almost 20 % of the global cryptocurrencies.

In an official explanation, Pascal Gauthier, chairman and CEO von Ledger, expressed his gratitude to the investors who supported the company's growth, and was called new welcome to help the company to lead the "undeniable revolution of value and hardware".

According to Gauthier, the funds collected will accelerate the company's mission to distribute its devices to hundreds of millions of people in the crypto ecosystem. These funds will catalyze a new generation of devices that are designed for safety when managing digital assets and other products with blockchain technology.

"Today Ledger has announced our financing round. I am grateful for the persistent support of our long-term investors, and I welcome the new investors who support the current undeniable revolution of value and hardware. These funds will speed up our mission, hundreds of millions of conscientious consumer devices, the critical digital assets and blockchain-capable technologies Explore. "

Gauthier claimed that, despite the various challenges that the digital asset industry faces, a "safe port for customers" remains, especially in times of volatility and regulatory confusion, a fact that is evident in the increasing demand for hardware wallet devices.

leadership needs innovation

Ledger is committed to continuous innovation and maintaining his market position, Gauthier explained and emphasized the need for safe hardware devices that cannot be replaced by mobile phones due to their specific properties aimed at safety.

At the moment, Ledger's main focus is on improving the user experience through software, which enables the integration of new cryptocurrencies, blockchains, services and other tools to transform Web3.

As reported by Cryptopotato The latest product of the company, the Ledger Stax, is to be traded in April 2023 for around $ 279.

Hauptbuch Stax

As the picture above suggests, the new wallet has a modern and innovative design that resembles the iPhone, a result of Ledger's partnership with Tony Fadell, the fellow creator of iPod and iPhone.

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