Crypto pockets supplier Ledger raises $109M as demand for self-custody soars

{Hardware} pockets supplier Ledger has raised 100 million euros ($109 million) in a Collection C funding spherical extension, putting its valuation at 1.3 billion euros ($1.4 billion), according to its earlier funding in June 2021, Bloomberg reported on March 30. The funding is the primary of three funding rounds.

As per the report, a second closing is due in April, adopted by a 3rd funding to happen at a later date, given “excessive investor curiosity.” The capital will probably be used to broaden the corporate’s distribution community, enhance manufacturing, and develop new merchandise.

Proceed Studying on Coin Telegraph