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Crypto

Tether, Gnosis co-lead seed investment in mobile crypto wallet Sorted

Tether and Gnosis co-led a seed round for Sorted Wallet, a non-custodial cryptocurrency wallet for mobile devices in emerging markets. The round totalled $4.4 million, with Tether and Gnosis investing $3.4 million in equity. Other participants included Movement, AngelInvestGroup and individual angel investors such as founders of RWA.io. Sorted plans to use the funding to expand in sub-Saharan Africa and South Asia and strengthen integrations with mobile carriers.

Crypto

Zama acquires TokenOps to keep institutional token allocations confidential with fully homomorphic encryption

French cryptography company Zama has acquired TokenOps, an enterprise token lifecycle management platform. The Block reported Zama is developing confidentiality protocols for public blockchains such as Ethereum and Solana. Zama said the deal aims to remove signaling and front-running risks that arise because information on public blockchains is disclosed by default. Token issuers will be able to execute allocation, distribution schedules and recipient identities on-chain in encrypted form using the ERC-7984 confidential token standard.

Crypto

Bank of England sets out tokenisation-led finance modernisation plan, stablecoin rules draft due in June

Bank of England Deputy Governor Sarah Breeden set out a strategy to modernise Britain’s financial system with tokenisation at its core. Speaking at the City Week 2026 conference in London, she said future retail payments should be built on interoperable forms of money including tokenised deposits and stablecoins. She said distributed ledger technology could cut intermediaries and speed up payments, and that smart contracts could raise efficiency.