The newest funding round raised Phantom’s valuation to $ one.two billion, generating it the newest “unicorn” startup in the cryptocurrency sector.
Phantom, a cryptocurrency wallet application equivalent to MetaMask but devoted to the Solana blockchain, announced on the evening of January 31 that it had effectively raised $ 109 million with a valuation of up to $ one.two billion.
This Series B investment round was organized by Paradigm, a very well-identified fund in the cryptocurrency market place, with the participation of lots of other names.
The Phantom fundraising data also comes with a different critical statement, namely that Phantom has officially launched a mobile wallet application, in addition to the regular edition it is a browser extension.
Phantom for iPhone is lastly right here! Everything you can do on your desktop, now in your pocket. The energy of Phantom e @solana Wherever you go!
Download it now 👉 https://t.co/udlZGRpsz5 pic.twitter.com/UwOsSbMm8n
– Ghost (@fantasma) January 31, 2022
Users can now download the Phantom Wallet from the App Store, when the Android edition will launch quickly this 12 months.
The Phantom Wallet lets customers to keep assets on the Solana network, from coins and tokens to NFTs, and to interact with the blockchain’s DeFi, video games and Web3 applications. The task has the ambition to reach the similar standing as MetaMask in the Ethereum ecosystem.
Last week, it was reported that OpenSea – the greatest NFT platform currently with January trading volume exceeding the $ three.five billion mark – will quickly broaden to other blockchains apart from Ethereum, starting up with Solana. The leaked photographs present that OpenSea will permit the integration of the Phantom wallet for NFT customers on Solana, promising to open far more employs for the wallet.
In January 2022, a number of other giants also effectively carried out massive fundraising rounds, ordinarily OpenSea ($ 300 million), Serum ($ 75 million), Seba Bank ($ 119 million), Close to Protocol (US $ 119 million), Close to Protocol (US $ 75 million) and Seba Bank (US $ 119 million). $ 150 million), Animoca Brands ($ 359 million), Autograph ($ 170 million) FTX.US ($ 400 million) and FTX ($ 400 million).
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