Singapore's True Global Ventures invests $24m in crypto company

French startup Ledger offers USB-type wallets for holders of digital assets

Ledger was founded in 2014 with the goal of becoming a global force in so-called critical digital asset security. (Source photos from Ledger website and Reuters)

TABITA DIELA, DealStreetAsia

April 1, 2023 14:32 JST

JAKARTA -- Singapore-based True Global Ventures (TGV) has invested over $24 million in a Series C extension round by Ledger, a French digital asset and Web3 platform, to bolster the startup's global expansion, according to a statement.

The French company raised $108 million in the round, according to media reports, after securing about $380 million in its original Series C fundraising in 2021.