Near Protocol’s Sender Wallet successfully raised $4.5 million

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2022-09-13 19:54:47

Pantera Capital took the lead after a private sale of Sender – a cryptocurrency wallet belonging to Near Protocol.

In addition to Pantera Capital, this funding round has the participation of famous funds such as, Jump Crypto, Amber Group, WOO Network, SevenX Ventures, Smrti Labs, D1 Ventures, Puzzle Ventures, Shima Capital, etc.

Post on the project’s Twitter account:

The private sale round has been taking place since April 2022, right before the liquidity crisis in the cryptocurrency market. At the time of writing, Sender Wallet is being valued at $45 million.

About Sender, this is a cryptocurrency wallet built on the Near blockchain, to support users of the ecosystem. Sender can connect to hardware wallets like Ledger and Keystone, or even integrate with payment services like Moonpay, Banxa, and Transak. The project team claims to have had over half a million downloads from both desktop and mobile devices.

Paul Veradittakit, a partner of Pantera commented:

“Sender is the leading cryptocurrency wallet in the NEAR ecosystem, having built a complete set of plugins for both iOS and Android apps and browsers.

Sender is seeing tremendous growth in its user base and we’re excited to accompany them on their next step of growth.”

With the funds raised, Sender will spend to develop more features such as:

  • Specialized wallet for institutional users
  • Transaction aggregator for NFT
  • Node staking
  • Integrate more DEXs and AMMs for better token swap service

Sender founder Kenny Qi shared:

“Sender promises many exciting features in the future. Our goal is to bring Web2 users to the Web3 world. I hope Sender will have more than 10 million users by the time of the next uptrend.”

In addition, yesterday (September 12), Near Protocol has continuously recorded many positive moves, such as: launching a new investment fund for web3 up to 100 million USD and NEAR blockchain becoming the second “stop” 13 of Tether (USDT).

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