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Ledger
Issuer brief
LedgerParis, France

Ledger

Private access to a security-led crypto hardware business with a clearer picks-and-shovels profile.

Private access to Ledger, focused on hardware wallet distribution and crypto-security infrastructure.

Minimum stakeUS$2,000
Raise targetUS$6m
Closes inClosed
JurisdictionFrance
Series CopenFrance

Why this issuer is in the book

Ledger tracks self-custody demand, product trust, and the long-term need for secure digital-asset ownership.

For investors who want crypto exposure through security infrastructure rather than trading activity.

Terms at a glance

CryptoSecurityHardware
Minimum stake
US$2,000
Unit price
US$11.00
Raise target
US$6m
Raised so far
US$3.3m
Last valuation
US$1.4bn
Instrument
SPV interest
Closes in
Closed
Close date
20 Jun 2026, 16:00
Indicative listing window
1 Sept 2026, 16:00
65.0% % of GCF pool filled

Shown allocation, not the full raise.

Indicative unit price

Indicative price history will appear shortly.

Why investors look at this name

HighlightSecurity demand can outlast trading cycles
HighlightAdds a custody angle to the broader book
HighlightBrand trust supports resilience

Near-term watchpoints

CatalystRenewed self-custody demand
CatalystNew services layered onto the hardware base
CatalystSecurity-led market cycles

Diligence focus

ReviewInventory and supply-chain execution
ReviewTrust sensitivity to product issues
ReviewCorrelation to overall crypto engagement

Access structure

Security-led hardware exposure with demand tied to custody habits and product trust.

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Ledger | GCF IPO