Solana-Based Phantom Wallet Hits Unicorn Status With $1.2 Billion Valuation

Solana-Based Phantom Wallet Hits Unicorn Status With $1.2 Billion Valuation

After securing $109 million in Series B funding spearheaded by Paradigm, non-custodial crypto wallet Phantom has bumped its valuation to $1.2 billion, bagging unicorn status, Tuesday.  Paradigm CEO Brandon Millman said that the firm would utilize the funding to upgrade its cross-platform expansion, bring better user experience, and initiate app discovery to Phantom. As the […]


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Phantom, the cross-platform Solana wallet built for DeFi and NFTs, achieved unicorn status after attaining a $1.2 billion valuation. Software wallet and browser extension Phantom has raised $109 million in Series B financing to continue expanding its cross-platform capabilities beyond Solana. The funding round was led by Paradigm, an investment firm focused on cryptocurrency and Web3 companies. Other venture firms to have supported Phantom in prior funding deals include Andreessen Horowitz, Jump Capital and Variant Fund.According to Phantom, the funding will help enhance the wallet’s....

Cryptocurrency Wallet Phantom Marks $1.2 Billion Valuation Amid Recent Fundin...

Investments in cryptocurrency are incomplete without a crypto wallet to store your assets. A good crypto wallet will house your coins and provide adequate security that will be pretty difficult for external invasion. The wallet could be either online or offline storage. Due to its relevance, several crypto exchanges offer their customers their online crypto wallet services. This means that if you intend to use such wallets, you won’t have to move your tokens from the exchange platform. Additionally, some crypto networks now have wallets that customers could use, of which Phantom....

Ongoing Solana-based wallet hack has already seen millions drained

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