PANews reported on May 20 that, according to The Block, Tether and Gnosis co-led a $4.4 million seed funding round for Sorted Wallet, a lightweight mobile crypto 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 comes from strategic support from Vox Solutions.

Sorted Wallet, launched in 2022, is the lightest crypto wallet with an installation package of only 10MB. It has been downloaded 500,000 times, and its fastest-growing markets include Nigeria, Kenya, Tanzania, Bangladesh, and Madagascar.