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- Fintech unicorns in the cryptocurrency space have risen multifold as Ledger sells 3 million hardware wallets in 190 countries
- Draper received a return of €61 million after it invested in the DeFi infrastructure provider’s firm in 2018
- Ledger has a market share of 15% of all cryptocurrency assets worldwide
The funding from Draper Esprit now values Ledger at $1.5 billion as it continues to provide digital assets and software solutions to clients globally. It was founded in 2014 by 8 experts from the field of cryptocurrency, encryption, entrepreneurship and now provides decentralised finance solutions to leading blockchain networks.
Since inception, it has raised $83 and has offices in Vierzon, Paris, Hong Kong and New York. The firm has seen the future of a trillion devices connected in the next 15 years as critical digital assets continue to be stored on blockchain networks.
The team provides transparency via cryptocurrency hardware and software solutions as the CEO Pascal Gauthier exclaimed that the firm has reshaped the financial sector and the global ease of living. The meteoric rise of digital currencies is not only a corporate success but a catalyst in reforming the decentralised finance sector.
Secure gateway for the cryptocurrency ecosystem
Ledger provides one of the best frictionless and flexible gateway systems. New clients are on-boarded with enticing offers on cryptocurrency infrastructure. Digital currencies run on a blockchain network that is decentralised throughout the world with the presence of computers and validators on several nodes working in tandem and 295 million crypto users worldwide.
Ledger has the best platform for cryptocurrency wallets, accessories and applications for all types of users. The Ledger Academy carries out awareness programs about cryptocurrencies and where they should be invested.
Furthermore, it furnishes knowledge-base articles that teach various aspects of decentralised finance , security key, hardware wallet and blockchain network. It has laid its mark on cryptocurrency security by offering niche products that improve efficiency and reduce risks.
Crypto market continues to blossom
Decentralised finance continues its bull run in an era that is dominated by cryptocurrency exchanges and lenders. A decentralised set-up allows users to monetize physical assets with the help of NFTs which led to the rise of the Ethereum network. Financial technology services provided by Ledger deserve recognition as it embarks on a journey to transform the future of the financial sector.
Startups and leading financial institutions have pumped in millions to create an efficient cryptocurrency network. A coming of age from the finance sector has led to the birth of fintech unicorns.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
