Ledger completed a secondary equity sale of $50 million

The 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 their stake in this deal. He stated in an interview but declined to disclose the company's valuation.