Unicorn fintech company Ledger raises $380 million


The company is evolving to become the most secure gateway to the growing world of crypto assets.

Ledger is giving itself the means to take full advantage of the recovery of the cryptocurrency market, which it had anticipated from 2019. The French company raises 380 million dollars from several investors, for a valuation that exceeds 1.5 billion dollars. The round table was led by the American 10T, a new investment fund specializing in crypto companies, created by Dan Tapiero, joined by many investors from all sides (Cathay Innovation, Draper, Korelya Capital, etc.) including Financière Agache of the Arnault Group. “Crypto assets are starting to interest everyone,” notes Pascal Gauthier, CEO of Ledger, who nevertheless regrets a still too “conservative” approach of French and European funds in this booming sector. “Despite the will of the executive in France, which supports the actors of the Next 40, the European ecosystem is not yet ready to support its large growing technology companies”, he points out.

Ledger has been a CapHorn portfolio company since 2017.

Read more about their latest round here on french media Le Figaro (subscription based)

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