“Ledger secures about $100 billion worth of bitcoins for its customers.”, — write: www.coindesk.com
Ledger’s CEO, Pascal Gauthier, disclosed this information to the Financial Times, adding that he is spending more time in New York because “money is in New York today for crypto; it’s nowhere else in the world, certainly not in Europe.”
The fundraising plans follow record revenues of triple-digit millions this year, driven by surging demand for secure custody solutions amid a sharp rise in crypto thefts.
“We’re being hacked more and more every day… hacking of your bank accounts, of your crypto, and it’s not going to get better next year and the year after that,” Gauthier told FT.
Ledger currently manages clients’ bitcoin worth approximately $100 billion and was last valued at $1.5 billion in 2023 during a funding round that included names like 10T Holdings and Singapore’s True Global Ventures.
The company currently manages custody of approximately $100 billion worth of bitcoin for its clients and was last valued at $1.5 billion in 2023, following a funding round that included investors such as 10T Holdings and Singapore’s True Global Ventures.
A deep dive into Zcash’s zero-knowledge architecture, shielded transaction growth, and its path to becoming encrypted Bitcoin at scale.
- Shielded adoption surgedwith 20–25% of circulating ZEC now held in encrypted addresses and 30% of transactions involving the shielded pool.
- The Zashi wallet made shielded transfers the default, pushing privacy from optional to standard practice.
- Project Tachyonled by Sean Bowe, aims to boost throughput to thousands of private transactions per second.
- Zcash surpassed Monero in market share, becoming the largest privacy-focused cryptocurrency by capitalization.
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Bitcoin ETF outflows show institutions are trimming risk, not abandoning crypto, as trading stays off-chain and liquidity begins to improve.
- Bitcoin ETFs experienced their third-largest outflow last week.
- Still, BTC and ETH prices rebounded, trimming recent losses that stemmed from macro uncertainties.
- Wall Street’s interest in crypto remains strong, with major firms like BlackRock and Fidelity expanding their ETF offerings.
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