Bitcoin Wallet Joins 12 Largest Fundraising Rounds In Crypto History

We hope ethereum competitor Solana enjoyed its 24-hours in the fourth position on Forbes’ list of largest fundraising rounds in crypto and blockchain history, because cryptocurrency hardware wallet producer Ledger’s $380 million round announced this morning already knocked them down a peg. Korean cryptocurrency exchange Bithumb’s once-massive $200 million round from 2019 was knocked off the list entirely. 

Unlike more traditional software wallets like those hosted by Coinbase and others, Ledger’s physical hardware wallets are dedicated devices used to store digital assets. Paris-based Ledger has sold more than 3 million hardware wallets in 190 countries to date, and it has more than 1.5 million monthly users on Ledger Live, a mobile companion to the Ledger hardware wallet which allows users to manage and store their assets. Click here to read more. 

The jaw-dropping fundraising announcements made by Solana and Ledger this week illustrate the movement of funds into the crypto and blockchain sector, despite bitcoin’s collapse near $30,000 after hitting an all-time-high of $64,671 over the Spring. Bitcoin is now at $36,600. With more than half of these fundraising rounds occurring in 2021, investment in crypto companies and products is rapidly growing. Regardless of bitcoin’s future price action, crypto infrastructure built now will be here to stay.