Lightweight crypto wallet Sorted Wallet raises $4.4 million in seed funding, led by Tether and Gnosis.

CoinFeed reported on May 20th that, according to The Block, Tether and Gnosis co-led a $4.4 million seed funding round for the lightweight mobile crypto wallet Sorted Wallet. $3.4 million of the funding is equity, with participation from individual angel investors including Movement, Angel Invest Group, and the founder of RWA.io. An additional $1 million in strategic support came from Vox Solutions. Sorted Wallet, launched in 2022, has an installation package of only 10MB, making it one of the lightest crypto wallets available. It has been downloaded 500,000 times, with its fastest-growing markets including Nigeria, Kenya, Tanzania, Bangladesh, and Madagascar.