Transaction

Tether, Gnosis partners invest USD 4.4 million in Sorted Wallet's stablecoin wallet operations

Announced

20 May 2026

Target

Sors Technology Limited

Value

$4.4m

Asset class

Venture Capital

Type

Investment

Instrument

Ordinary Shares (Equity)

Lead investors

Tether Investments, Gnosis

Investors

Tether Investments, Gnosis, Angel Investors, Movement, Angel Invest

Sector

Financial services / Digital Wallet Platforms

Markets

Burundi, Nigeria, Tanzania, Kenya, Cameroon, Democratic Republic of the Congo

About the target

Sors Technology Limited, trading as Sorted Wallet, is a Hong Kong-based fintech company specialising in non-custodial cryptocurrency and stablecoin wallet services for feature phones and low-powered smartphones. Established in 2022 and headquartered in Hong Kong, the company provides a digital wallet that allows users to send, receive, store and cash out Bitcoin and USDt, with support for remittances, mobile money cash-out, airtime, data and bill payments. Sorted Wallet targets users in emerging markets, with traction across Nigeria, Kenya, Tanzania, Pakistan, Bangladesh and other markets.