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Author Topic: Ledger Raises $380 Million for Crypto Hardware Wallet  (Read 15 times)

kafa88

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Ledger Raises $380 Million for Crypto Hardware Wallet
« on: June 11, 2021, 12:53:27 am »




French startup Ledger has raised $380 million Series C round led by สล็อต 10T Holdings after today's round of funding. The company is worth $1.5 billion.Other investors in the funding round include existing investors Cathay Innovation, Draper Associates, Draper Dragon, Draper Esprit, DCG, Korelya Capital and Wicklow Capital. Some of the new investors are joining the round, including Tekne Capital, Uphold Ventures, Felix Capital, Inherent, Financière Agache and iAngels Technologies.

Ledger's main product is a hardware wallet for managing your crypto digital assets. It is shaped like a USB key and has a small screen to verify transactions on the device. The reason why that screen is important is that your private key won't leave your ledger device.

in other words if you want to keep So many cryptocurrencies, you don't want to leave them in your trading account. If someone can sign in They can withdraw all your digital assets. with hardware wallet You still have control over your crypto assets.

The company first introduced the Ledger Nano S. You have to connect your device to your computer using a USB cable recently. With Ledger Nano X, you can send and receive assets from your phone while the Nano X works via Bluetooth. Ledger It also provides an enterprise solution for companies looking to add cryptocurrencies to their balance sheets.

In total, Ledger sells over 3 million hardware wallets. Every month, 1.5 million people use Ledger Live, the company's software solution, to manage your digital assets. The company also said it currently owns about 15% of all cryptocurrencies globally.
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