Phantom.app offers a multi-chain cryptocurrency wallet that allows users to manage various digital assets across different blockchain networks without needing multiple wallets. The wallet is designed for both experienced investors and beginners, featuring a user-friendly interface that simplifies the complexities of cryptocurrency management. Users can store, stake, and earn rewards on their tokens, and benefit from a fast, low-cost token swapping feature for trading digital assets. A key aspect of Phantom.app is its integration with major NFT marketplaces, enabling users to showcase, monitor, and sell their NFT collections easily. Security is emphasized through a self-custodial model, giving users full control over their funds, along with scam detection features and the option to connect a Ledger device for added protection. Phantom.app aims to provide a seamless and secure platform for cryptocurrency management, catering to the needs of a diverse clientele.

Sequoia

Variant

a16z crypto

Paradigm

Solana Ventures

Andreessen Horowitz

Jump Capital

Solana

Projectserum

DeFi Alliance

The Solana Foundation

Crypto & Web3

Phantom

We've raised a $150 million Series C at a $3 billion valuation to build the world’s biggest and most-trusted consumer finance platform.

Phantom raises $150M Series C to build the world’s biggest consumer finance platform • Phantom

Donald Trump's official meme coin, TRUMP, fell sharply late Sunday evening following a post from Melania Trump’s social media accounts promoting what appears to be a crypto tied to her name.“The Official Melania Meme is live,” a post on Melania Trump’s X account, that Donald Trump has since retweeted, reads. The post was also shared via the incoming First Lady’s Truth Social account.Dubbed Melania, the Solana-based token has surged more than 12,000% in the last 24 hours to $6.70, DEX Screener data shows. Decrypt has reached out to Trump’s team for additional details.The Melania Meme token's distribution model allocates 35% to team vesting with a 13-month release schedule (vesting period), according to the token's webpage.Notably, the equal 20% distribution to both treasury and community initiatives while maintaining a conservative 10% liquidity pool and 15% public distribution. Such a framework appears to support the token's primary function as a collectible digital asset rather than a speculative instrument.The Melania Meme token is "intended for collecting and entertainment purposes only," the project's website states in an FAQ section. "They are not financial instruments or investments."Interestingly, the vesting schedule's gradual unlock mechanism starts with a 30-day lock period, followed by measured monthly releases. That differs from Trump’s own token which consists of daily vesting periods.It comes just days before the President-elect is expected to assume the presidency following his inauguration on January 20. Trump has promised to drive the industry forward by establishing a Bitcoin reserve and fostering a favorable regulatory environment for the asset class this year.TRUMP is down about 32% over the last six hours to $45, down from a peak of around $77 earlier on Sunday, according to data provided by GeckoTerminal.“Donald Trump’s memecoin, $TRUMP, crashes … as Melania Trump launches her own memecoin

Official Trump Solana Meme Coin Falls As Melania Drops Token Of Her Own

Phantom, a multi-chain crypto and NFT wallet provider, raised $150 million in a Series C funding round led by Sequoia Capital and Paradigm, with participation from A16z and Variant. The round valued Phantom at $3 billion. The funds will be used to build a major consumer finance platform. Phantom, founded in 2021, aims to make crypto more accessible and secure. The company previously raised over $100 million in 2022, reaching a $1.2 billion valuation.

Phantom Raises $150M in Series C

Phantom Wallet, a leading self-custody crypto wallet, has raised $150 million, increasing its valuation to $3 billion. With 15 million monthly active users, Phantom supports multiple blockchains, including Solana and Ethereum. The company handles an annual trading volume of $20 billion and holds $25 billion in assets. Phantom plans to expand through strategic acquisitions and partnerships, having already acquired Bitski and Blowfish in 2024, and aims to enhance user features and security.

Phantom Wallet raises $150M funding

Phantom, a leading crypto wallet provider, has raised $150 million in a Series C funding round, achieving a $3 billion valuation.

Phantom Wallet Secures $150M in Funding, Hits $3B Valuation

Crypto wallet Phantom confirms it won't launch a token amid airdrop rumors.

Crypto wallet Phantom confirms it won't launch a token amid airdrop rumors

The Sui Foundation has scored a major win by teaming up with Phantom Wallet, a powerhouse in the multichain cryptocurrency wallet space.

Sui Ecosystem Welcomes Phantom Wallet: Unlock Multichain Capabilities

Transak, a top-tier Web3 payment infrastructure provider with over 8 million global users across more than 350 DeFi protocols, has announced a strategic partnership with multi-chain non-custodial wallet Phantom.

Transak Announces Strategic Partnership with Phantom Web3 Wallet to Enable Seamless Purchases of Digital Assets

Best Wallet responds to this trend by offering a user interface that outperforms competitors like MetaMask and Phantom.

Best Wallet - The token that raised $1 million and promises to revolutionize the Web3 world

Non-custodial wallet Phantom has announced the acquisition of Blowfish to bolster the wallet security of its users

Phantom acquires Blowfish to boost wallet security - Bloomfield Free Press

Multi-chain crypto wallet for digital assets

Phantom

Multi-chain crypto wallet for digital assets

Phantom

Multi-chain crypto wallet for digital assets

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