Ledger, the digital asset security firm, announced that it raised a $380 million Series C round of funding. The investment was led by 10T and included Uphold, Financière Agache (Groupe Arnault) and several existing investors such as Cathay Innovation, Draper Associates, Draper Dragon, and Draper Esprit.
The startup is best known for its USB hardware wallet for cryptocurrencies, where it has sold three million units. It claims to secure as much as 15% of all cryptocurrency assets globally. However, in March, it created a new division, Ledger Enterprise Solutions, to support its institutional custody platform Ledger Vault.
Ledger is also a partner in Komainu, the digital asset custody joint venture launched with Nomura and CoinShares, which raised $25 million in March.
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