Draper Esprit, a hardware wallet manufacturer, has raised $75m in a series B funding round led by Ledger. The company has developed a unique operating system, designed to support any cryptocurrency and run on any hardware. Draper Esprit is set to launch new product Draper Esprit Vault, aimed at enabling financial institutions and family offices to manage their crypto assets. Draper Esprit is already profitable and has 82 employees in San Francisco and France, and has sold more than one million of its hardware wallets. The latest cash injection will be used to significantly expand its operations.
Ledger, a hardware wallet manufacturer, has raised $75m in a series B funding round led by Draper Esprit. The company has developed a unique operating system, designed to support any cryptocurrency and run on any hardware. Ledger is set to launch new product Ledger Vault, aimed at enabling financial institutions and family offices to manage their crypto assets. Ledger is already profitable and has 82 employees in San Francisco and France, and has sold more than one million of its hardware wallets. The latest cash injection will be used to significantly expand its operations.