June 16, 2021 Ledger raises $380M.

The cryptoasset security company, Ledger, has raised $380M as part of a Series C raise, giving the company an implied valuation in excess of $1.5B. The round was led by 10T holdings, a digital asset fund, and saw participation from Draper Associates, Digital Currency Group, Cathay Innovation, Korelya Capital and Wicklow Capital. Ledger plans to use the newly raised funds to further develop its line of hardware wallet products, build services for DeFi platforms and grow its capacity to serve enterprise clients.