CoinVoice recently learned that, according to Forbes, hardware wallet manufacturer Ledger has sold over 7 million devices and currently manages about 20% of the global cryptocurrency assets, valued at approximately $400 billion.
Ledger CEO Pascal Gauthier stated that the company is expanding from cryptocurrency security to a broader field of cybersecurity. The Security Key application launched in September this year has entered the authentication market, which is expected to reach a market size of $40 billion by 2030.
It is noteworthy that Ledger has completed a total financing of $600 million, including $380 million in Series C funding in 2021 at a valuation of $1.5 billion, and an additional $108 million financing at the same valuation in early 2023. [Original link]