Ledger adds another €100 million to Series C round at €1.3 billion valuation

Paris-based digital asset security firm Ledger has raised an additional €100 million in a Series C extension round. According to the company, the newest influx of capital is aimed at accelerating Ledger’s ambitions to “bring a new generation of secure consumer devices to hundreds of millions exploring critical digital assets and blockchain-enabled technology.”

Existing investors participating in the round include 10T, Cité Gestion Private Bank, Cap Horn, Morgan Creek, Cathay Innovation, Korelya Capital, and Molten Ventures, with new investors including the likes of True Global Ventures, Digital Finance Group, and VaynerFund.

“2022 was a standout year for Ledger, culminating in the launch of Ledger Stax at Ledger Op3n in Paris. I’m excited to share that we're starting 2023 where we left off - doubling down on our mission to bring self-custody to everyone,” commented Ledger CEO and Chairman Pascal Gauthier. “We’re glad to see our long-term investors and partners are continuing to back us after a marquee year, and we welcome the new faces who are seeing the rapid digital value and hardware revolution that is coming and jumped on board.”