2 years ago
The French cryptocurrency hardware wallet shaper Ledger is seeking to rise caller fresh superior aft raising $380 cardinal successful June 2021, according to sources acquainted with the matter. The hardware wallet institution Ledger is reportedly looking to rise astatine slightest $100 cardinal from strategical investors.
Crypto Hardware Wallet Manufacturer Ledger Is Reportedly Looking to Raise $100 Million successful Funding
According to Bloomberg, the French crypto hardware wallet shaper Ledger is seeking much funds aft the firm’s Series C past June. At the time, Ledger raised $380 cardinal successful a concern circular led by 10T Holdings, and it gave Ledger a station valuation of astir $1.5 billion.
Founded successful 2015 by Éric Larchevêque and Thomas France, Ledger has propelled itself arsenic 1 of the apical crypto hardware wallet manufacturers worldwide. Ledger competes with different fashionable integer currency hardware wallet makers similar Trezor, Ellipal, Coolwallet, Safepal, and Coinkite.
The report published connected July 30 says that “people acquainted with the plans” said that Ledger is “in talks to rise astatine slightest $100 cardinal successful a backing circular that volition springiness it a higher valuation.” Bloomberg’s Gillian Tan, Hannah Miller, Anna Irrera, and Olga Kharif contacted Ledger and the institution declined to remark connected the alleged backing round.
Research Says Crypto Hardware Wallet Market Projected to Grow to $1.72 Billion by 2030
Ledger sells the Nano S Plus and the Nano X bid hardware wallets for prices betwixt $79 to $149 earlier taxes. Both wallets are non-custodial cryptocurrency hardware wallets that tin store, nonstop and person dozens of integer currencies. Ledger’s ostensible superior rise talks for $100 cardinal follows the caller Straits Research report that indicates the hardware wallet marketplace is projected to turn to $1.72 cardinal by 2030.
The marketplace quality institution Straits Research says that the Asia-Pacific portion shows the highest marketplace stock of hardware wallets worldwide and the highest imaginable of projected maturation stems from the country arsenic well. While Ledger enjoyed a $380 cardinal superior injection successful June 2021, that summertime the institution suffered blowback stemming from respective leaks of information tied to lawsuit data. At the time, scammers were reportedly attacking existing Ledger customers to bargain their backstage seeds.
Since past the institution has continued to grow and past week Ledger Live, the company’s autochthonal bundle programme added Cardano (ADA) token enactment with the quality to negociate 100 Cardano-based tokens. ADA enactment was implemented successful June this period the France-based hardware wallet shaper introduced colorized Nano S Plus and Nano X bid wallets. The caller colour names were chosen by the assemblage and see “Mystic White, BTC Orange, Deepsea Blue, Ice, Cosmic Purple, and Blazing Orange.”
What bash you deliberation astir the study that claims Ledger is looking to rise $100 cardinal from investors? Let america cognize what you deliberation astir this taxable successful the comments conception below.
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