Ledger collected $380 million in the next round of financing – Bits Media

Hardware wallet maker Ledger announces closure of Series C funding round, within which was collected $380 million. The total capitalization of the company exceeded $1.5 billion.

10T Fund became the leader of the round of financing, investing in digital assets of the company. The Fund was founded this year by the famous investor Dan Tapieur (And buttero). Tekne Capital also participated in financing, Uphold Ventures, Felix Capital, Inherent, Financial Agache (Arnault group) и iAngels Technologies.

“We have reached capitalization in $1.5 billion during this round, But in fact, our goal is to capitalize in $100 billion. And we are sure, that we will achieve this goal, After all, the digital asset market will become simply giant. Compare bitcoin with gold is interesting, But someday, literally any value in the world will be tokenized and placed on the blockchain. Ledger is ideal, To become a gateway to this future ", - said the chairman of the board and the general director of Ledger Pascal Gauthier (Pascal Gauthier).

The funds received during the round of financing will go to the development of new products and functions for existing wallets. for instance, It is planned to provide access to the decentralized finance industry (DeFi) through the Ledger Live platform, and also expand the list of services for corporate users.

Besides, for development it is planned to gain new employees. If now it works as part of Ledger 360 Human, then soon the company will hire more 300 employees. Currently, the company has sold more 3 million hardware wallets in 190 countries of the world. According to the representatives of Ledger, The company's decisions are stored before 15% from the total number of all cryptocurrencies.

Recall, that last year Ledger made a leak of data more 270 000 users.