Ledger Completes $50 Million Secondary Equity Sale

BlockBeats News, March 24th, according to Bloomberg, Paris-based digital asset company Ledger has completed a $50 million secondary equity sale, with its CEO stating that the company currently has no immediate plans for an initial public offering (IPO).

Pascal Gauthier led the transaction, which was completed in the fourth quarter of last year, with an early investor selling part of their stake in this transaction. He stated in an interview but declined to disclose the company's valuation.