Ledger Completes $50 Million Secondary Equity Sale

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On March 24, Bloomberg reported that Paris-based digital asset company Ledger completed a $50 million secondary equity sale. Its CEO stated 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 their stake in the deal. In an interview, he said but refused to disclose the company’s valuation.

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