Report: Crypto Hardware Wallet Maker Ledger Seeks $100 Million Capital Raise – Bitcoin News

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Report: Crypto Hardware Wallet Maker Ledger Seeks $100 Million Capital Raise – Bitcoin News
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The crypto hardware wallet company Ledger is reportedly looking to raise at least $100 million from strategic investors.

The French cryptocurrency hardware wallet manufacturer Ledger is seeking to raise fresh new capital after raising $380 million in June 2021, according to sources familiar with the matter. The hardware wallet company Ledger is reportedly looking to raise at least $100 million from strategic investors.According to Bloomberg, the French crypto hardware wallet manufactureris seeking more funds after the firm’s Series C last June.

Founded in 2015 by Éric Larchevêque and Thomas France, Ledger has propelled itself as one of the top crypto hardware wallet manufacturers worldwide. Ledger competes with other popular digital currency hardware wallet makers like Trezor, Ellipal, Coolwallet, Safepal, and Coinkite.published on July 30 says that “people familiar with the plans” said that Ledger is “in talks to raise at least $100 million in a funding round that will give it a higher valuation.

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