Phantom, a leading crypto wallet provider, has raised $150 million in a Series C funding round, achieving a $3 billion valuation. The round was led by Sequoia Capital and Paradigm, with support from Andreessen Horowitz and Variant. CEO Brandon Millman highlighted the company’s mission to make crypto accessible and safe, noting that the funds will support new features like social discovery and simpler peer-to-peer payments. Phantom, with 15 million active users, saw significant growth, handling over $20 billion in annual swaps. Its revenue surged in late 2024, outpacing competitors Coinbase Wallet and MetaMask. Phantom aims to revolutionize consumer finance with this latest boost.
As market sentiment shifts and fresh momentum builds across digital assets, June 2025 presents a…
When Bitcoin first emerged, its fixed 21 million supply was mocked. Today, that scarcity has…
Singapore’s financial authority announces that unlicensed crypto firms operating overseas after June 30 will be…
On May 27, 2025, US President’s crypto czar, David Sacks, says there is a pathway…
Hackers used Monero to move stolen Bitcoin, pushing XMR up 24 percent to $269. But…
Pakistan has allocated 2,000 megawatts (MW) of electricity to fuel Bitcoin mining and artificial intelligence…