Ledger is giving itself the means to take full advantage of the recovery of the cryptocurrency market, which it had anticipated in 2019. The French company is raising $ 380 million from several investors, for a valuation that exceeds $ 1.5 billion. The round table was led by the American 10T, a new investment fund specializing in crypto companies, created by Dan Tapiero, joined by many investors from all sides (Cathay Innovation, Draper, Korelya Capital, etc.) whose Financière Agache of Groupe Arnault.
“Cryptoassets are starting to interest everyone,”
notes Pascal Gauthier, CEO of Ledger, who nevertheless regrets an overly
“conservative” approach
by French and European funds in this booming sector.
"Despite the will of the executive in France, which supports the Next 40 players, the European ecosystem is not yet ready to support its large growing technology companies,"
he points out.
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