Just make sure you do it right,” Binance CEO Changpeng Zhao said in November, advising investors to start small and learn the technology. “Self custody is a fundamental human right. Prominent figures in the industry have also encouraged crypto self-custody. Among recent moves, the company hired Tony Fadell, a builder of the iPhone, to design a new version of its hardware wallet. Ledger claims to store more than 20% of crypto assets in circulation and 30% of the nonfungible tokens supply. Hardware wallet provider Trezor also benefited from FTX's failure, reporting a 300% surge in sales revenue as a result of investors rescuing their funds. According to the company, revenue from Ledger Live’s buy-and-sell crypto app has grown 200% in the past 12 months. Ledger reportedly had its best month of sales in November following the dramatic collapse of the crypto exchange FTX. Download the app Scan me TRACK the latest crypto prices Build Buy SWAP EARN MANAGE OVERSEE ACCESS Unlock the full Ledger experience by pairing the Ledger Live app with a Ledger hardware wallet. Join 4+ million people who trust Ledger for everything web3. Related: How to keep your cryptocurrency safe after the FTX collapse Ledger Live is your one-stop shop to buy crypto, grow your assets, and manage NFTs. “Whenever the market gets stressed and whenever people fear for their savings, you know, they rush to crypto and to Ledger,” Gauthier noted. In a recent interview with Cointelegraph at Paris Blockchain Week, Ledger CEO Pascal Gauthier noted that the collapse of crypto exchanges and banks in recent months had raised the level of awareness about crypto self-custody. Read what our CEO has to say: /aGi2FhOXCs With this in mind, the new Ledger Nano X 2.0.0 version is now available. At Ledger, improving user experience is our priority. We continue our mission of bringing ease-of-use and uncompromised security to your digital value. The update process is very simple: just start Ledger Live, go to the Manager section, connect your Nano X device and start the firmware update. Ledger is proud to announce our Series C extension fundraising round. Previous investors include Morgan Creek, Cathay Innovation, Draper Dragon and Cap Horn, among others. Ledger's new investors include VaynerFund, Cité Gestion SPV, True Global Ventures and Digital Finance Group. The funding is the first of three investment rounds.Īccording to the report, a second closing is due in April, followed by a third funding to take place at a later date, given “high investor interest.” The capital will be used to expand the company’s distribution network, increase production, and develop new products. Hardware wallet provider Ledger has raised 100 million euros ($109 million) in a Series C funding round extension, placing its valuation at 1.3 billion euros ($1.4 billion), in line with its previous funding in June 2021, Bloomberg reported on March 30. The funding is the first of three rounds for the hardware wallet provider, whose success has been fueled by growing awareness of crypto self-custody. Ledger Live 2.54 - Released on March 1st, 2023 Features Starting today, you can manage 100+ tokens on Cronos, Fantom, and Moonbeam networks with Ledger Live.
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