diff --git a/app/components/home/transaction-list/transaction-list-item.tsx b/app/components/home/transaction-list/transaction-list-item.tsx
index 4842e7c65..e62ec1e41 100644
--- a/app/components/home/transaction-list/transaction-list-item.tsx
+++ b/app/components/home/transaction-list/transaction-list-item.tsx
@@ -21,6 +21,7 @@ import {
   isDelegatedStackingTx,
   inferSendManyTransferOperation,
   isSendManyTx,
+  getMemoForTx,
 } from '@utils/tx-utils';
 import { toHumanReadableStx } from '@utils/unit-convert';
 import React, {
@@ -106,12 +107,8 @@ export const TransactionListItem: FC<TransactionListItemProps> = props => {
   }, [direction, poxInfo?.contract_id, tx]);
 
   const sumPrefix = direction === 'sent' && !isStackingTx(tx, poxInfo?.contract_id) ? '−' : '';
-  const memo =
-    tx.tx_type === 'token_transfer' &&
-    Buffer.from(
-      tx.token_transfer.memo.replace('0x', '').replace(/^(0{2})+|(0{2})+$/g, ''),
-      'hex'
-    ).toString('utf8');
+  const memo = getMemoForTx(tx, direction);
+
   const txDate = new Date(tx.burn_block_time_iso || (tx as any).parent_burn_block_time_iso);
   const txDateShort = txDate.toLocaleString();
 
diff --git a/app/utils/tx-utils.ts b/app/utils/tx-utils.ts
index e17d4caca..c80952b95 100644
--- a/app/utils/tx-utils.ts
+++ b/app/utils/tx-utils.ts
@@ -112,3 +112,16 @@ export const truncateMiddle = (input: string, offset = 5): string => {
     return `${start}…${end}`;
   }
 };
+
+export const getMemoForTx = (tx: Transaction, direction: StxTxDirection) => {
+  if (tx.tx_type !== 'token_transfer' || direction !== 'sent') {
+    return undefined;
+  }
+
+  const utf8Memo = Buffer.from(
+    tx.token_transfer.memo.replace('0x', '').replace(/^(0{2})+|(0{2})+$/g, ''),
+    'hex'
+  ).toString('utf8');
+
+  return utf8Memo;
+};