Crypto unicorn Ledger raises another €100M

As part of a extension of its series CFrench Ledger raised 100 million euros from True Global Ventures and other investors.

This Thursday, the crypto-wallet maker Ledger has announced that it has raised 100 million euros via an extension of its Series C financing round closed in 2021.

I am grateful for the continued support of our long-term investors, and welcome new investors who support the current undeniable value and hardware revolution. These funds will accelerate our mission to bring a new generation of secure consumer devices to hundreds of millions of people exploring digital assets,” commented Ledger CEO Pascal Gauthier.

Last summer, sources close to the matter reported that Ledger was seeking a new $100 million round of financing.

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The Series C expansion includes participation from True Global Ventures, Digital Finance Group and VaynerFund as well as existing investors like 10T, Morgan Creek, Cathay Innovation, Korelya Capital and Molten Ventures.

Still valued at over one billion euros following this transaction, the tricolored unicorn has now raised a total of about 550 million euros since its creation in 2014.

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Ledger recently released its latest offering: the Ledger Stax. Earlier this month, the cryptocurrency security company unveiled a browser extension to connect a Nano X wallet directly to DApps.

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