Hardware wallet manufacturer Ledger has raised 100 million euros in its Series C investment round, reaching a valuation of 1.3 billion euros.
Ledger, which remains popular in digital asset security, announced that it has received a new investment of 100 million euros as part of its Series C investment tour. With this investment round, Ledger’s valuation reached 1.3 billion euros. Ledger CEO Pascal Gauthier talked about the company’s goals after the process was announced.
Ledger Has a Valuation of 1.3 Billion Euros
Hardware wallet manufacturer Ledger has increased its valuation to 1.3 billion euros, receiving a 100 million euro support from an investment tour it participated in.
Ledger’s investment will be actively used in the company’s work and progress in the industry. Providing his views on the subject, Ledger CEO Pascal Gauthier stated the following;
“We are grateful to our long-term investors for their continued support. ‘Welcome’ to new investors supporting the current value and hardware revolution. we say. This investment will accelerate our mission to deliver the next generation of trusted devices to millions of people exploring critical digital assets and blockchain-enabled technology. As you know, 2022 has been a tough year for the crypto industry, including the collapse of major crypto exchanges and changing macroeconomic conditions. In this challenging environment, Ledger has consistently demonstrated strong flexibility and increased adaptability for the hardware and services segments of our business.”
Gauthier underlined that this investment will accelerate the efforts to provide users with secure devices. Referring to the crypto crash of 2022, Gauthier noted that his company has demonstrated strong flexibility and increased cohesion in its hardware and services divisions.
Gauthier believes it will reshape the way billions of people manage their assets in the future. In addition, Ledger CEO stated that a new generation of hardware will be needed in this asset management. Gauthier stated that Ledger will continue to improve hardware devices and will prioritize upgrading the software experience.
37221
