FinTech news in Ledger category

This is an extension round as the valuation of the company isn’t changing — €1.3 billion ($1.41 billion at today’s exchange rate). In the current funding environment, raising at the same valuation is already quite impressive.

The Ledger Extension is compatible with Ethereum- and Polygon-based dApps and platforms and plans to support more EVM-compatible chains and Solana in the future, the company shared.

Given two of the primary hardware wallets, Ledger and Trezor, have roughly 5 million users, there would appear to be plenty of room for growth, since that there are at least 295 million crypto holders who may decide to add hardware wallets to their portfolio.