Phantom raises $9M to launch multi-chain crypto wallet
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.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 87.2% | 21 | $20 345.66 | 0.68% | 4.63% | $390 038 684 495 |  |
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|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 65.6% | 78 | $1 374.40 | 1.37% | 2.72% | $168 598 361 729 |  |
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| 3 |  USDT |
Tether predictions | 94% | 1 | $1.000121 | -0.01% | 0.01% | $68 220 841 049 |  |
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| 4 |  BNB |
Binance Coin predictions | 82.8% | 21 | $296.73 | 0.69% | 4.71% | $47 874 262 742 |  |
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| 5 |  USDC |
USD Coin predictions | 92.8% | 1 | $0.999979 | 0% | 0% | $46 433 140 192 |  |
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| 6 |  XRP |
XRP predictions | 61.6% | 85 | $0.495963 | 4.48% | 12.27% | $24 728 013 610 |  |
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| 7 |  BUSD |
Binance USD predictions | 91.2% | 1 | $1.000423 | 0.08% | 0.06% | $21 051 132 248 |  |
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| 8 |  ADA |
Cardano predictions | 74.8% | 42 | $0.435548 | 0.53% | 0.07% | $14 921 259 274 |  |
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| 9 |  SOL |
Solana predictions | 86.8% | 21 | $34.35 | 0.55% | 2.13% | $12 202 401 025 |  |
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| 10 |  STETH |
Lido stETH predictions | 94.8% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
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| 11 |  DOGE |
Dogecoin predictions | 83.2% | 21 | $0.065040 | 0.21% | 7.22% | $8 628 855 287 |  |
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| 12 |  MATIC |
Polygon predictions | 72% | 56 | $0.849285 | 1.08% | 13.76% | $7 417 926 072 |  |
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| 13 |  DOT |
Polkadot predictions | 70% | 59 | $6.51 | 0.99% | 1.37% | $7 310 822 407 |  |
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| 14 |  DAI |
Dai predictions | 94.4% | 1 | $1.000258 | 0.05% | 0.05% | $6 791 926 054 |  |
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| 15 |  WTRX |
Wrapped TRON predictions | 91.2% | 5 | $0.062654 | 0.54% | 4.96% | $6 370 364 994 |  |
