Tether and Gnosis Back Non-Custodial Wallet for Emerging Markets

Tether and Gnosis have partnered with Sorted Wallet to provide a non-custodial cryptocurrency wallet solution for emerging markets. The $4.4 million seed round investment will enable the company to expand its reach in Sub-Saharan Africa and South Asia, where mobile access and data costs hinder crypto adoption.

Sorted Wallet was launched in 2022 as a lightweight solution for lower-end mobile devices, with a focus on simplicity and accessibility. The wallet's small size of only 10MB makes it compatible with basic smartphones and stripped-down feature phones, which are common in emerging markets.