Ledger claims to be a leader in security and infrastructure solutions for cryptocurrencies and blockchain applications.
Now, London-based Draper Esprit, a leading venture capital firm investing in and developing high-growth technology businesses, has participated in a $380 (nearly £270 million) Series C funding round in the French crypto startup, which values the business at over $1.5 billion (nearly £1 billion).
The round was led by 10T Holdings, with strong support from existing investors including Cathay Innovation, Draper Associates, Draper Dragon, DCG, Korelya Capital, and Wicklow Capital and other newcomers including Tekne Capital, Uphold Ventures, Inherent, Financière Agache (Groupe Arnault), and iAngels Technologies. Further, London-based Felix Capital also participated in the round. The latest financing also confers the status of unicorn for the crypto pioneer in Europe.
With this Series C investment round, Pairs-based Ledger will be able to extend its leading position in cryptocurrency security and services to become the secure gateway to the entire…