Tether and Gnosis Co-Lead $4.4 Million Seed Round for Sorted Wallet

Tether and Gnosis have co-led a $4.4 million seed round for Sorted Wallet, a non-custodial crypto wallet designed for mobile users in emerging markets. The round includes $3.4 million in equity funding from the two firms, plus participation from Movement, Angel Invest Group, and individual angels including RWA.io founders.

Sorted, launched in 2022, has reached 500,000 downloads and is optimized for low-end devices at 10MB in size. Its fastest-growing markets include Nigeria, Kenya, Tanzania, Bangladesh, and Madagascar. The wallet will use the funding to expand in Sub-Saharan Africa and South Asia while preparing a new payment mechanism.