Hardware Wallet Maker Ledger Gets $380M in Series C Funding Round

Hardware Wallet Maker Ledger Gets $380M in Series C Funding Round

Hardware wallet maker Ledger has just closed a multi-million dollar jaw-dropping Series C funding round led by digital asset fund 10T Holdings.

According to a press release on Thursday, Ledger’s funding round also garnered support from Cathay Innovation, Draper Associates, DCG, Korelya Capital and Wicklow Capital, among others.

The Series C raise places Ledger with an implied valuation of more than $1.5 billion, marking its rapid and accelerating growth, according to the release.

Funding will go towards furthering innovation of its hardware products, providing new services for decentralized finance solutions and expanding its enterprise capabilities.

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