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Ledger gets a considerable investment of $75 million dollars

17 January 2018 21:00, UTC

Reports coming from trustworthy financial media tell about the recent huge deal conducted by Ledger, one of the leaders in the field of hardware wallets which allow to store cryptocurrency securely, and Draper Esprit PLC, the investment and venture capital firm interested in high tech and healthcare.

Additional details coming with the reports tell that the primary reason of this investment was to accelerate the fulfillment of Ledger’s commitment to strengthening wallets’ security. Also, Draper Esprit PLC was not the only firm which gave this sum, there was actually a group of investors.

Notably, Tim Draper, billionaire who works closely with Draper Esprit PLC, has made a very optimistic prediction last year. He stated that fiat money would be driven out by cryptocurrency in the next 5 years, clearly ignoring the fact the sphere is still far from being ideal to do so in such a short period of time.

Ledger has recently had a minor problem when it became apparent that unknown hackers sold an activated wallet with restoration codes disguised as factory instructions. However, it is safe to say that the majority of community had already forgotten this story, except, of course, the victim of the scam.