Phantom Company Intelligence
Quick Take
- Beta launched in April 2021, Phantom is a leading non-custodial wallet for the Solana ecosystem with +2mm daily active users
- Initially released as a web browser extension wallet, Phantom released its iOS and Android applications this year – the team is working to bring more features and partnerships to maximize the security and usability of the Phantom wallet
- This January, Phantom closed its $109mm Series B funding round led by Paradigm – with this funding round, Phantom earned its unicorn status with a $1.2bn valuation
- This year, the team is planning to not only double down on Solana but also bring Ethereum support to its wallet, getting closer to its multi-chain form
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Author: Wendy Hirata