Emmanuel Macron’s ambition to have 25 unicorns by 2025 seems well underway. The startup Ledger has announced that it has joined this exclusive group by raising US$380 million from numerous investors with an estimated value of more than US$1.5 billion.

Founded in 2014, the company has established itself as a global leader for cryptocurrencies and French Tech. It specializes in digital wallets, focusing on the management and security of cryptocurrencies.

With this Series C fundraiser, Ledger, which is growing and profitable, will be able to consolidate its leadership position in securing crypto-assets to become the benchmark management platform for the entire crypto-asset ecosystem,” the group wrote in its press release. “We expect to see the ecosystem diversify beyond cryptocurrency to include non-fungible tokens (NFTs), real estate and other types of assets that could be converted into blockchain,” it added.

Ledger claim to secure around 15% of all cryptocurrencies globally and has sold over three million hardware wallets in 190 countries. Its Ledger live app has over 1.5 million monthly users.


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