Crypto wallet firm scoops up $4.5m funding from Pantera, Crypto.com, others

Crypto wallet firm Sender has raised US$4.5 million through a private round of financing led by Pantera Capital, with participation from Crypto.com and Jump Capital.

Photo credit: Sender

Founded earlier this year, Sender is a non-custodial wallet that is built for the Near Protocol. It can be used to send, receive, and store digital assets or collectibles in the Near ecosystem.

According to the company, it has integrated with more than 30 projects and said its web plug-in and mobile app have registered 500,000 downloads. This makes it one of the top third-party wallets in the Near ecosystem.

Currently, Sender can be connected to two hardware wallets, Ledger and Keystone. It is also integrated with fiat-to-crypto service providers, allowing users to purchase crypto assets in more than 140 countries.

In April, it raised an undisclosed amount of seed funding led by Binance Labs and Metaweb Ventures.

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Sender plans to use the fresh funding to hire more employees for its research and development team, raise security thresholds, and expand its ecosystem. It also aims to add more features, such as liquidity aggregation, NFT market aggregation, multi-signature wallet for corporate users, and its own staking service.

Other investors in the latest round include:

• Amber Group
• WOO Network
• SevenX Ventures
• Smrti Labs
• D1 Ventures
• Puzzle Ventures
• Shima Capital
• Eniac Ventures
• GFS Ventures
• Octopus Network
• Ref Finance
• Indonesia-based NFT marketplace Paras