Hardware Wallet Maker Ledger in Talks to Raise Additional $100M: Report

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Hardware Wallet Maker Ledger in Talks to Raise Additional $100M: Report
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Hardware wallet maker Ledger is seeking an additional $100 million investment following its mammoth $380 million Series C round last year. By JamieCrawleyCD

, according to the report which cited people familiar with the talks.

Ledger's plans suggest that despite the onset of depressed conditions in the crypto market in recent months, there are areas of the industry for whom the immediate outlook looks positive, such as in hardware wallets., more users could be looking to store their crypto themselves on a hardware wallet."Not your keys, not your coins," is a common warning fired at those who keep their crypto on an exchange.The firm did not immediately respond to CoinDesk's request for comment.

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