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Posted By Crypto Trader on 01/22/2018

Ledger Nano S hardware raises $75 million in second round of funding

Ledger, a company that manufactures Ledger Nano S hardware or cold crypto wallet. It has raised $75 million in the second round of funding to ramp up production and solve back-order issues.

It is the most significant Series B regarding amount raised by a crypto startup when you exclude ICOs. The round was oversubscribes according to the company. Nano S serves as a compact wallet not just for Bitcoin but also for Ethereum and other altcoins. However, it serves as hardware to store private keys and sign transactions on a screen. It also integrates with other software wallets.
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