Thursday, June 10, 2021

French Cryptocurrency Wallet Maker Valued At Over $1.5 Billion

 So what's the big deal? Louis Vuitton has wallets. Here's one that looks like their original steamer trunks:

$6,050.00 https://us.louisvuitton.com/images/is/image/lv/1/PP_VP_L/louis-vuitton-wallet-trunk-monogram-eclipse-canvas-trunks-and-travel--M20249_PM2_Front%20view.png?wid=456&hei=456

Oh wait.

From Reuters:

Tech group Ledger completes new fundraising, valuing it at over $1.5 billion

French technology and digital company Ledger said on Thursday it completed a new $380 million fundraising round that gave it a valuation of more than $1.5 billion.

Ledger, headquartered in Paris, runs a platform called Ledger-Live which deals with cryptocurrencies.

Its latest Series C fundraising round was led by 10T Holdings, while other investors involved included Financiere Agache, a unit of Bernard Arnault, the French luxury goods billionaire who runs LVMH....

....MORE

 Background at Coindesk, December 1, 2020:

Crypto Wallet Maker Ledger Hires Luxury Brand Exec to Grow Consumer Business

Or pop for one of the 1930's Louis Vuitton steamer trunks on offer at Etsy

https://i.etsystatic.com/10611204/r/il/e1a941/2781498224/il_794xN.2781498224_d8pa.jpg

$35,560.07 (free shipping)

Father's Day is coming up. Just sayin'