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Phantom raises $9M to launch multi-chain crypto wallet


15 Jul 2021

#Bitcoin

Cryptocurrency wallet provider Phantom has secured $9 million in Series A financing to launch a new multi-chain wallet designed to help DeFi users access decentralized applications across multiple blockchains. The raise comes on the heels of a successful beta launch in April of this year that saw 40,000 new Phantom users. The company also secured $500,000 in grants from Serum and Solana during the beta phase.

Brandon Millman, Phantom’s co-founder and CEO, said his platform enables users to easily access decentralized exchanges and nonfungible token platforms, explaining: With the world moving into a multi-chain future, the strong interest from the participants in our beta group indicates that our team has designed a DeFi wallet for the masses, one that’s in a unique position to provide value to users unlike any other related product on the market.

Cryptocurrency wallets are the first point of contact for DeFi users, but the steep learning curve around their use may be impacting broader mainstream adoption. Phantom has prioritized simplicity in onboarding more wallet users. The Phantom application can be installed as a browser extension on Google Chrome, Microsoft Edge, Brave and Firefox.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 71.6% 50 $58 559.96 2.38% 3.21% $1 154 812 960 642 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 73.2% 47 $3 156.41 2.82% 4.94% $379 442 663 912 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 96% 1 $1.000241 -0.03% 0.02% $112 444 486 409 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 75.6% 47 $537.43 2.76% 4.65% $79 314 835 366 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 84.8% 29 $140.11 3.37% 0.90% $65 005 204 945 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 91.2% 1 $1.000019 -0.03% 0% $33 921 359 438 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 80.4% 29 $0.511133 8.39% 17.32% $28 523 946 602 XRP 7 days price change
8 Toncoin (TON) TON Toncoin predictions 84.4% 25 $7.35 1.77% -2.59% $18 430 033 618 TON 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 75.6% 52 $0.109656 3.69% 0.23% $15 910 785 300 DOGE 7 days price change
10 Cardano (ADA) ADA Cardano predictions 79.6% 33 $0.420572 5.61% 17.72% $15 090 547 161 ADA 7 days price change
11 TRON (TRX) TRX TRON predictions 80.4% 41 $0.139302 1.97% 7.58% $12 137 253 382 TRX 7 days price change
12 Lido stETH (STETH) STETH Lido stETH predictions 95.6% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
13 Avalanche (AVAX) AVAX Avalanche predictions 74.8% 55 $25.81 3.07% 0.18% $10 180 113 573 AVAX 7 days price change
14 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 92% 1 $0.116354 -0.46% 0.23% $10 171 995 609 WTRX 7 days price change
15 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 92% 1 $65 806.83 0.78% -2.68% $10 083 957 608 WBTC 7 days price change

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