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✉️ After The Fundraise: A Message From Ledger's CEO Pascal Gauthier

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ledger.com

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communications@news.ledger.com

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Fri, Mar 31, 2023 03:21 PM

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Discover the news of the week Yesterday, Ledger announced a new funding round, an important mileston

Discover the news of the week [View in Browser]( [logo]( Yesterday, Ledger announced a new funding round, an important milestone in [our mission]( to bring consumer devices to hundreds of millions exploring digital assets and NFTs. [Read Ledger CEO's Message →](  [Ledger announces new funding round to secure all digital value.]( Ian Rogers, Ledger’s Chief Experience Officer, commented on the fundraise that “Digital Value is a revolutionary human invention and today’s cell phones and computers are insufficient to protect that value,” adding that “If it’s not self-custody, it’s not crypto.” [Coindesk tackles Ledger’s fundraise and vision](. “The collapse of centralized crypto exchange FTX (...) has made many digital-asset owners wary of leaving their tokens in the hands of others.” The piece noted that “Ledger’s hardware products allow users to store their assets in a secure, physical location”. [Ethereum reaches highest level of self-custody since creation.]( With 10.3% of total ETH supply located in centralized exchanges, users prefer to be self-custodians of their assets, with this ratio hitting “the highest level since the week the token was introduced” 8 years ago, per Santiment. [Bitcoin closes its best quarter in two years]( gaining 72% in market value so far this year, outperforming Nasdaq and Gold, as analysts believe the banking meltdown has heightened its appeal as a peer-to-peer and bankless asset. On March 14th, Bitcoin also claimed [its highest level]( since June 2023. Will its bullish trend continue? [Experts call for AI experiments to pause due to their “profound risks to society”.]( Elon Musk and Steve Wozniak are among those calling for AI labs to halt training systems “more powerful than GPT-4” for at least six months, due to a lack of planning on its impact on humanity. [… As AI develops, others rush (in and out) of the Metaverse.]( Disney closed its Metaverse division as it plans to let go of 7,000 employees, while Microsoft “remains committed to the industrial metaverse”, the company said. In contrast, Zuckerberg thinks the two tech waves driving the world are “AI today and, over the longer term, the metaverse.”  [Manage ETH Now →]( A Message From Pascal Gauthier, Chairman & CEO of Ledger Fed Keeps Hiking Rates. What Are The Implications For Crypto? Today, Ledger announced our new funding round. I’m grateful for our long-term investors’ continued support, and I welcome the new investors backing the current undeniable revolution of value and hardware. These funds will accelerate our mission to bring a new generation of secure consumer devices to hundreds of millions exploring critical digital assets and blockchain-enabled technology. As you know, 2022 was a trying year for the crypto industry, including the collapse of significant crypto exchanges and shifting macroeconomic conditions. In this tough environment, Ledger has consistently shown strong resilience and growing adoption for the hardware and services parts of our business. Since Ledger’s inception, we’ve seen the market go up and down, people question whether crypto should exist at all, but our commitment to blockchain innovation has been unwavering. When market concerns heighten, people rush to purchase [Ledger devices]( and use [Ledger Live]( transaction services on a daily basis. [Read Ledger CEO's Message]( [title] In this [podcast]( Tim Draper gives Ian Rogers a glimpse of the future of Bitcoin and the banking system, while explaining how to be an entrepreneur in this revolution of value. Our newly launched “[Inspired by Ledger]( program will present the work of artists creating pieces inspired by our secure devices every Thursday in April. If you’re a Genesis Pass holder, you will be able to claim every drop, while Infinity NFT holders can only claim once per quarter on [Ledger Market.]( [Axstone]( a Turkish illustrator, will be the first artist to be featured. Our [podcast]( host Mo El-Sayed met with Kiln CEO Laszlo Szab, and Global Head of Ledger Enterprise Alex Zinder to discuss secure staking and DeFi’s future. Look at this beautiful Inspired by Ledger art! Check it out [here.]( Look at this beautiful Inspired by Ledger art! Check it out [here.]( Artwork by Axstone.  Find your perfect Ledger wallet  Find your perfect Ledger wallet [Compare our devices →]( [Compare device →]( [Ledger]( Follow us on: [Ledger YouTube]( [Ledger Twitter]( [Ledger Instagram]( [Ledger Facebook]( [Ledger TikTok](ledger) & listen to our podcast [here](. This email was sent to you because you signed up at Ledger.com or purchased a Ledger product. We respect your right to privacy. Read our [Privacy Policy]( and [Cookie Policy](. © Ledger SAS. All rights reserved. Ledger brands are registered trademarks of Ledger SAS. Ledger SAS, 1 rue du Mail, 75002 Paris To unsubscribe from future emails or to update your email preferences, [click here](NAME}L86DBG?a=n&i=n&elqTrackId=7e9bde660abe4ef6aae1d6d4dcc02590&elq=dbef01a0babc41fd86b7377e977bec83&elqaid=454&elqat=1&elqCampaignId=79).

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