Sender received $4.5 M in investment from Pantera Capital, Crypto.com, others

Sender, a provider of cryptocurrency wallets, has secured US $4.5 million in a private funding round that was also joined by Jump Capital and Crypto.com. Pantera Capital served as the round’s lead investor.

Sender, a non-custodial wallet created for the Near Protocol, was founded in early 2018. It may be used inside the Near ecosystem to transfer, receive, and store digital assets or collectibles.

The firm claims to have connected with over 30 projects and that 500,000 downloads have been made of both its browser plug-in and mobile app. Because of this, it ranks among the best third-party wallets in the Near ecosystem.

Currently, Ledger and Keystone are the two hardware wallets that Sender may be linked to. Additionally, because of its integration with fiat-to-crypto service providers, consumers may buy cryptocurrency assets in more than 140 nations.

It received seed investment in April for an undisclosed sum from Binance Labs and Metaweb Ventures.

With the additional money, Sender intends to grow its ecosystem, increase security levels, and hire more staff for its research and development team. A multi-signature wallet for corporate customers, liquidity aggregation, NFT market aggregation, and its own staking service are some of the further features it hopes to introduce.