Tether, Gnosis co-lead $4.4 million seed round for lightweight mobile-friendly Sorted Wallet
The Block
Tether and Gnosis co-led a $4.4 million seed round for Sorted Wallet, a lightweight non-custodial crypto wallet targeting emerging markets.Summary
Sorted Wallet has secured $4.4 million in seed funding, co-led by Tether and Gnosis, to support its lightweight, mobile-first non-custodial crypto wallet. Designed to function on low-end devices, the app has reached 500,000 downloads, with strong growth in Sub-Saharan Africa and South Asia. The company plans to use the capital to expand its geographic reach, deepen mobile operator integrations, and launch a new payment mechanism in May to further its goal of global financial inclusion.
(Source：The Block)