Phantom Raises $150M in Series C Funding, Valued at $3B, Plans to Launch Social Discovery Feature
Phantom, a digital asset wallet, has raised $150 million in a Series C funding round led by Sequoia Capital and Paradigm, with participation from Andreessen Horowitz and Variant. The funding round values the company at $3 billion. Phantom plans to use the funds to launch a social discovery feature and simplify peer-to-peer payments for its users. The company currently has 15 million monthly active users and handles over $20 billion in annual swap volume.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum whales add $1B in ETH — Is the accumulation trend hinting at a $5K ETH price?
Pro-XRP lawyer highlights the White House Crypto Council should focus on
Share link:In this post: John Deaton urges repealing SAB 121, creating a US Bitcoin reserve, and revising crypto tax laws to boost adoption under Trump. XRP maintains $3 price level amid bullish trends and market optimism for Ripple Labs’ token. Analysts foresee XRP resistance at $3.23, with potential gains to $3.30 if bullish momentum continues.
Why Saudi’s Billion-Dollar Firm Says NO to Bitcoin—Find Out Now!
CME Futures Launch Could Catapult XRP and SOL to New Highs