Ledger: Over 7 million devices sold, managing $40 billion in crypto assets globally

ChainCatcher news, according to Forbes, hardware wallet manufacturer Ledger has sold over 7 million devices and currently manages about 20% of the world's crypto assets, valued at approximately $400 billion.

Ledger CEO Pascal Gauthier stated that the company is expanding from cryptocurrency security to a broader cybersecurity field. 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 worth noting that Ledger has completed a total of $600 million in financing, including $380 million in Series C funding in 2021 at a valuation of $1.5 billion, and an additional $108 million in financing at the same valuation in early 2023.