Ledger

Ledger

Digital asset security and management platform

About Ledger

Simplify's Rating
Why Ledger is rated
B+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Cybersecurity

Crypto & Web3

Financial Services

Company Size

501-1,000

Company Stage

Series C

Total Funding

$568.4M

Headquarters

Paris, France

Founded

2014

Overview

Ledger specializes in the security and management of digital assets and Web3 technologies. The company offers a range of hardware wallets, including the Ledger Stax, Nano S Plus, and Nano X, which allow users to securely store and manage their cryptocurrencies. These wallets work in conjunction with the Ledger Live app, providing a user-friendly interface for buying, swapping, and growing crypto assets while ensuring users maintain full control over their holdings. Ledger stands out from its competitors by securing 20% of the world's crypto assets and serving over 100 financial institutions, making it a trusted name in the industry. The company's goal is to empower individuals and institutions to achieve financial freedom through secure and accessible digital asset management.

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Simplify's Take

What believers are saying

  • Ledger's integration with THORChain enhances secure swaps within its ecosystem.
  • The launch of Ledger Flex aims to broaden consumer access to secure digital asset management.
  • Ledger's strategic funding in BitcoinFi projects supports innovation and ecosystem growth.

What critics are saying

  • Increased competition from new hardware wallet entrants may impact Ledger's market share.
  • Regulatory changes could lead to more banks entering the crypto services market.
  • Integration with third-party platforms like Ledgible poses potential data breach risks.

What makes Ledger unique

  • Ledger's proprietary technology secures 20% of global crypto assets.
  • Ledger's hardware wallets, like Nano X, offer unmatched security and user control.
  • Ledger Vault provides enterprises with a comprehensive SaaS solution for crypto asset security.

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Funding

Total Funding

$568.4M

Above

Industry Average

Funded Over

5 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$100M
Oura
$109M
Ledger

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Stock Options

Paid Vacation

Hybrid Work Options

Wellness Program

Company Social Events

Commuter Benefits

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Decrypt
Jan 31st, 2025
What Is Xrp? A Cryptocurrency Created For The Financial Sector

Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENEXRP is a digital asset designed for fast, low-cost global payments and serves as the native cryptocurrency of the XRP Ledger, a decentralized, open-source blockchain created by Jed McCaleb, Arthur Britto, and David Schwartz. As of January 2025, XRP is the third largest cryptocurrency by market capitalization, after Bitcoin and Ethereum, according to CoinGecko.What is XRP?Launched in 2012 alongside the Ripple Network, XRP has a maximum supply of 100 million coins and reached its last all-time high of $3.40 on January 7, 2018.Unlike Bitcoin, which acts as a decentralized store of value or digital gold, XRP was developed specifically to facilitate efficient cross-border transactions, particularly for financial institutions and payment providers.While Ripple (originally Ripple Labs) leverages XRP in some of its payment solutions, and plays a key role in its ecosystem, the XRP Ledger operates independently as a decentralized semi-permissionless network of servers.How does the XRP blockchain work?While blockchains like Bitcoin and Ethereum use proof-of-work and proof-of-stake consensus algorithms, respectively, the XRP Ledger utilizes a unique consensus protocol called the Ripple Consensus Algorithm to validate transactions where independent validators agree on transactions.The Ripple Consensus Algorithm ensures network agreement without proof-of-work or staking. Each node confirms transactions using a Unique Node List (UNL) of trusted validators. In rounds of consensus, nodes propose transaction sets, adjust them based on their UNL’s votes, and finalize those with at least 80% agreement. This prevents fraud while maintaining efficiency.RPCA achieves Byzantine fault tolerance—resilience against faulty or malicious nodes attempting to disrupt consensus—while maintaining minimal latency, making it ideal for payments

CoinDesk
Jan 28th, 2025
Cryptio Raises $15M in Series A

Crypto accounting platform Cryptio raised $15 million in a Series A extension, bringing the total to $25 million. The round was led by existing investor Alven, with new participation from 1kx and Ledger Cathay Capital. Cryptio aims to support TradFi entities in offering digital asset products. The funding comes amid expectations of more banks offering crypto services following the repeal of the SEC's SAB 121 rule, which had required companies to record customers' crypto on their balance sheets.

Decrypt
Nov 28th, 2024
Crypto Holiday Gift Guide 2024

Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENE’Tis the season to be jolly, and what better way to celebrate than with this collection of crypto-themed goodies for your nearest and dearest?Gather round the crackling Yule log and bask misty-eyed in the seasonal goodwill, as friends and family rip the wrapping off their gifts and say things like, “But Daddy, I wanted a Bluey plush,” and “Please, just this once, stop telling us about Bitcoin’s hard supply cap.”Ledger StaxLedger Stax. Image: LedgerLedger’s latest offering is like no other hardware wallet on the market, with a sleek design courtesy of iPod creator Tony Fadell that elevates it from functional device to a desirable bit consumer electronics kit in its own right.The credit-card-sized wallet packs a one-of-a-kind curved E Ink screen to show off your NFTs (is anyone still showing off their NFTs?) while inside it features the same secure element employed by the rest of Ledger’s line-up, to safeguard your digital assets.$399, ledger.comTaschen On NFTsOn NFTs. Image: TaschenTaschen is known for its coffee-table books with a price tag to match their heft, with a vast array of tomes covering art and culture. The publication of Taschen’s first book on non-fungible tokens earlier this year, then, was something of a coup for the crypto space—elevating NFTs to the lofty company of contemporary artists like David LaChappele, H.R. Giger, and Jean-Michel Basquiat, all of whom have their own Taschen books.On NFTs is a wide-ranging survey of the NFT space, packing in 10 essays and profiles of 101 artists, alongside lavish illustrations

Crypto Wallets Reviews
Nov 18th, 2024
Ledger Live Integration THORChain for Secure Swaps

Ledger Wallet has announced a new integration with THORChain, enabling users to execute swaps securely directly through Ledger Live.

Securities.io
Nov 14th, 2024
Investing In Ledger Stock | How To Buy Pre-Ipo Shares

Ledger is a leading digital hardware wallet manufacturer and security solutions provider for the blockchain sector. The company specializes in easy-to-use and affordable cold storage hardware wallet solutions that enable anyone to protect their digital assets from online and offline threats. Its proven track record and long-standing in the market continue to drive demand for Ledger pre-IPO shares.Ledger has a reputation for incorporating high-security standards into its devices, including proprietary software and encryption methods. As such, Ledger devices enable you to store your private keys offline in cold storage, which eliminates online threats via an air gap.Impressively, Ledger has sold +6M devices globally. Millions of users, including businesses and governments, rely on their wallets to secure their assets. As such, the public would love to see a Ledger IPO in the coming months

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