According to a company disclosure, cryptocurrency hardware wallet maker Ledger has raised €100 million ($109 million) in funding. CEO Pascal Gauthier said the capital injection will expand distribution, production, research, and development. Gauthier also noted that people are becoming more aware of the risks of leaving money on centralized crypto platforms, and traditional finance is struggling to gain trust due to recent bank collapses. The financing follows the launch of Ledger's new hardware wallet, the Ledger Stax, and the news that competitor Trezor is taking control of its chip production. Ledger's chief experience officer Ian Rogers said the internet has given birth to a "revolution of value." (Bitcoin.com)
All Comments