Crypto Firm Ledger Completed a $50 Million Secondary Share Sale

Paris-based digital asset firm Ledger completed a $50 million secondary share sale and its chief executive officer said the company has no imminent plans to pursue a public offering.

Pascal Gauthier led the deal that closed in the fourth quarter last year and saw an early investor in the company sell their stake, he said in an interview. Gauthier declined to disclose the firm’s valuation.