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Fortune

Marco Quiroz-Gutierrez

Sui blockchain-based Ethos Wallet raises $4.2 million to build out applications on the little-known blockchain

Ethos SUI blockchain Crypto Fortune

(Credit: Photo Illustration by Fortune)

Ethos Wallet said Wednesday that it had raised $4.2 million to hire more developers, help it build more applications for the Ethos Wallet, and create a mobile app.

Cofounder and CEO Nadia Eldeib said part of the money will also be put toward contributing to the fledgling Sui blockchain, founded by former employees of Meta's project Libra, by adding developer tools and infrastructure to the wider ecosystem.

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