Phantom raises $109 million in new funding, launches iOS app

United States News News

Phantom raises $109 million in new funding, launches iOS app
United States Latest News,United States Headlines
  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 53%

Solana wallet Phantom raises $109 million in new funding, launches iOS app (via Yogita_Khatri5)

The Solana wallet is looking to support the Ethereum ecosystem by the end of this year, its CEO Brandon Millman told The Block.Phantom, a crypto wallet for accessing the Solana ecosystem, has raised $109 million in a Series B funding round and is now valued at $1.2 billion.

This was an equity funding round and will help Phantom expand across multiple blockchains, including adding support for Ethereum before the end of this year, its CEO Brandon Millman told The Block. Phantom is also looking to launch its Android app in the first half of this year, said Millman. Phantom claims to have gained more than two million monthly active users within just six months of its launch. MetaMask was launched in 2016 by ConsenSys and hit one million monthly active users in October 2020. Today, it has more than 21 million monthly active users.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheBlock__ /  🏆 464. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NextEnergy Capital raises record $896 mln for solar infrastructure fundNextEnergy Capital raises record $896 mln for solar infrastructure fundNextEnergy Capital said on Monday it had raised a record $896 million for its NextPower III ESG fund, focused on solar infrastructure investments in OECD countries - its biggest private fund to date.
Read more »

FTX Valuation Hits $32 Billion Following a $400 Million Funding Round: ReportFTX Valuation Hits $32 Billion Following a $400 Million Funding Round: ReportSam Bankman-Fried's crypto exchange FTX has raised another $400 million in a Series C funding round.
Read more »

Apple’s App Store now permits unlisted apps | EngadgetApple’s App Store now permits unlisted apps | EngadgetApple has introduced a new feature that could help declutter the App Store somewhat..
Read more »

Two Friends Who Met On Twitter In High School Are Latest Under-30 BillionairesTwo Friends Who Met On Twitter In High School Are Latest Under-30 BillionairesI'm a reporter on Forbes' wealth team covering the world's richest people and tracking their fortunes. I was previously an assistant editor for Forbes' Money & Markets section, and I worked for Bloomberg and Pitchbook News before that. I studied history and economics at the University of Virginia, where I also wrote for the student paper and a very secretive underground satire magazine.
Read more »

FTX Reaches $32B Valuation With $400M FundraiseFTX Reaches $32B Valuation With $400M FundraiseCrypto exchange FTX_Official's value has jumped to $32 billion following its latest funding round, which raised $400 million. By JamieCrawleyCD
Read more »

FTX Nabs $400 Million at $32 Billion ValuationFTX Nabs $400 Million at $32 Billion Valuation.ftx_app has raked in $400 million during its latest funding round
Read more »



Render Time: 2025-02-24 16:03:10