Ledger Secures $100B in Bitcoin — and Looks to Raise Funds

[chainsniff]

Ledger now safeguards around $100 billion in Bitcoin for clients, CEO Pascal Gauthier revealed.

The company plans to raise fresh capital next year, either privately or through a U.S. IPO. Ledger is also expanding in New York, with Gauthier noting:

“Money is in New York today for crypto — it’s not in Europe.”

The company was last valued at $1.5 billion in 2023, backed by 10T Holdings and True Global Ventures.

[Rimon Khan]

Managing $100B in BTC is massive — shows how far institutional custody has evolved.

[Nahid Hossen]

Now that’s real proof of trust in hardware custody solutions.