Crypto hardware wallet manufacturer Ledger recently
secured €2.6 million ($2.9m) funding from Samsung as part of its Series C funding round.
This new investment would give Ledger a rough valuation of €260 million ($289m). According to French business magazine Capital, the founder Éric Larchevêque confirmed the funding but did not wish to make any further comments.
Samsung has launched a cryptocurrency wallet for its flagship phone Galaxy S10 which is only available in certain countries. The Samsung Blockchain Wallet is compatible only with ether and ethereum-based ERC20 tokens. According to Coindesk there are also rumors that Samsung is planning a public blockchain and a Samsung Coin. Samsung’s SDS division already has the Samsung
Nexledger enterprise blockchain.
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