ChainCatcher message, according to Forbes, hardware wallet manufacturer Ledger has sold over 7 million devices and currently manages about 20% of the world's 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 of this year has entered the authentication market, which is expected to reach a market size of $40 billion by 2030.
It is worth noting that Ledger has completed a total of $600 million in financing, which includes a $380 million Series C round in 2021 with a valuation of $1.5 billion, as well as an additional $108 million in early 2023 with the same valuation.
