CoinDesk reported:
“As you know, 2022 was a trying year for the crypto industry, including the collapse of significant crypto exchanges and shifting macroeconomic conditions,” wrote Ledger CEO Pascal Gauthier in a post addressing the Series C extension round. “In this tough environment, Ledger has consistently shown strong resilience and growing adoption for the hardware and services parts of our business. Since Ledger’s inception, we’ve seen the market go up and down, people question whether crypto should exist at all, but our commitment to blockchain innovation has been unwavering,” he added.