Sender Wallet Raises US$4.5 Million in Private Round Led by Pantera

Sender Wallet Raises US$4.5 Million in Private Round Led by Pantera

Sender, a leading NEAR-based eco-wallet, today announced the completion of a US$4.5 million private round led by Pantera Capital, with participation from 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.

The round follows Sender’s April 2022 seed round of financing led by Binance Labs and Metaweb Ventures. With this new round of financing, Sender 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 has achieved rapid growth and completed integration with more than 30 mainstream projects in the NEAR ecosystem. The cumulative downloads of the plug-in and mobile versions have exceeded 500,000, making it the leading third-party wallet in the NEAR ecosystem, with built-in functions such as Staking, Swap, NFT showcase, and more. Sender is now capable of connecting to two hardware wallets, Ledger and Keystone, and is integrated with three well-known fiat-to-cryptocurrency service providers — Moonpay, Banxa, and Transak, allowing users to purchase cryptocurrency in more than 140 countries.

In the future, Sender’s plans include:

  • Aggregation of liquidity transactions, Sender Swap: Integrating the liquidity of multiple DEXs on NEAR to provide users with a smoother trading experience and lower slippage;
  • One-stop node staking, Sender Pool: Sender builds its own pledge nodes, giving wallet users higher returns and more convenient pledge services;
  • Built-in transaction aggregator, Sender Market: One-stop efficient aggregation of NFT markets on the NEAR chain;
  • Commercial MPC multi-signature wallet, Sender Pro: Multi-signature hosted wallet mainly focused on corporate and investment institution users.

“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,” said Kenny, Founder and CEO of Sender Wallet.

“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,” said Paul Veradittakit, General Partner, Pantera Capital.