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The crypto wallet Phantom completed a $150 million Series C funding round with a valuation of $3 billion, led jointly by Sequoia Capital and Paradigm

Jan 17, 2025 07:58:43

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ChainCatcher news, the crypto wallet Phantom has completed a $150 million Series C funding round with a valuation of $3 billion, led by Sequoia Capital and Paradigm, with participation from a16z and Variant.

Since its launch in 2021, Phantom has reached 15 million monthly active users and manages $25 billion in self-custodied assets.

According to RootData, Phantom is a user-friendly crypto wallet that allows users to securely and easily store, buy, send, receive, trade tokens, and collect NFTs on the Solana blockchain.

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