Wallet provider Ledger raises $380M to welcome DeFi ecosystem

Cointelegraph

Published Jun 10, 2021 04:04AM ET

Updated Jun 10, 2021 05:40AM ET

Following a dramatic increase in its revenues in the first quarter, the cryptocurrency security and infrastructure company Ledger completed a new fundraising round led by 10T Holdings.

Known for its Ledger Nano S and Nano X hardware wallets, Ledger announced the completion of a $380 million Series C fundraising round, which gave the company a valuation of $1.5 billion.

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