Phantom Wallet raised $150 million in a Series C funding round led by Sequoia Capital and Paradigm to accelerate crypto adoption.
Phantom Wallet raised $150 million in a Series C funding round led by Sequoia Capital and Paradigm to accelerate crypto adoption.
01/16/25, 11:12 PM
Location
san franciscoMoney raised
$150 million
Industry
software
cryptocurrency
blockchain
Round Type
series c
Investors
Variant, A16z, Paradigm, Sequoia Capital
Phantom Wallet has raised $150 million in a Series C funding round, achieving a valuation of $3 billion. Investors include Sequoia Capital, Paradigm, a16z, and Variant. The company aims to enhance its position as a leading crypto wallet with 15 million monthly active users and $25 billion in self-custody assets.
Company Info
Location
san francisco, california, united states
Additional Info
Phantom Wallet is a leading crypto wallet application that has gained significant popularity among users for its self-custody capabilities. With 15 million monthly active users and $25 billion in assets, it has established itself as the dominant player in the crypto wallet sector. The company aims to accelerate crypto adoption and broaden its influence in the consumer finance space. Its recent funding round highlights its robust growth and ambitious plans for the future.