Sender, a NEAR-based eco-wallet, has raised $4.5m in a private round led by Pantera Capital.
Sender is a non-custodial wallet tailored for NEAR, including an extension wallet and mobile wallet. It provides a one-stop wallet solution for users to send, receive, and store NEAR-based assets easily and securely.
The round also saw participation from Crypto.com Capital, Jump Capital, Amber Group, WOO Network, SevenX Ventures, Smrti Labs, D1 Ventures, Puzzle Ventures, Shima Capital, Eniac Ventures, and GFS Ventures.
In addition, several notable projects in the NEAR ecosystem such as Octopus Network, Ref Finance, and Paras also participated in the funding round.
This raise follows Sender’s April 2022 seed round of financing led by Binance Labs and Metaweb Ventures.
With this new round of financing, Sender said it plans to further expand its R&D team, raise the security threshold for Sender Wallet, and expand its wallet ecosystem.
Since the beginning of 2022, Sender said it has achieved rapid growth and completed integration with more than 30 mainstream projects in the NEAR ecosystem.
Kenny, Founder and CEO of Sender Wallet, “As a strong believer in the NEAR ecosystem, we at Sender Wallet are blessed to be growing with such a vibrant community. We humbly thank the NEAR community and developers for everyone’s trust and support from day one.
“Current market dynamics have proven to be a powerful catalyst for development, and Sender has many exciting features in our pipeline and will bring more Web2 users into the Web3 world. I expect Sender to exceed 10 million users by the time the new market hotspot arrives next year.”
Paul Veradittakit, general partner, Pantera Capital, added, “As the leading crypto wallet in the NEAR ecosystem with a complete suite of browser plugins and iOS and Android apps, Sender is seeing tremendous user growth and we are excited to help them reach the next level.”
Ultimate, which offers a crypto wallet designed for decentralised finance, recently raised $12.8m in its Series A round.
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