“Ledger, the leading secure gateway for digital assets, today announced a $380 million Series C round, led by 10T Holdings, with strong support from existing investors including Cathay Innovation, Draper Esprit, Draper Associates, Draper Dragon, DCG, Korelya Capital, and Wicklow Capital and other newcomers including Tekne Capital, Uphold Ventures, Felix Capital, Inherent, Financière Agache (Groupe Arnault), and iAngels Technologies. The Series C fundraising means that Ledger has an implied valuation of more than $1.5 billion, marking its rapid and accelerating growth.

Ledger is the market-leading secure gateway for investors looking to access the world of digital assets securely. Ledger’s products include the world’s most popular hardware wallet for cryptocurrency assets, the most user friendly and secure cryptocurrency management platform, Ledger Live, and the best digital assets security solution for financial institutions, Ledger Enterprise Solutions.

Ledger already secures an estimated 15% of all cryptocurrency assets globally, and as a trusted leader, it is uniquely positioned to capitalize on the hypergrowth of digital assets as they become increasingly mainstream. Ledger has sold more than 3 million hardware wallets in 190 countries to date, and has more than 1.5 million monthly users on Ledger Live. Ledger is led by Chairman and CEO Pascal Gauthier, who has significant experience building multi-billion dollar value technology companies.

With this Series C investment round, Ledger, which is rapidly growing and profitable, will be able to extend its leading position in cryptocurrency security and services to become the secure gateway to the entire digital asset ecosystem. These plans would mean that Ledger’s products and services would underpin the activity of retail investors, financial institutions, and other industries investing in and managing digital assets.”

 

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