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 | 57.6% | 88 | $23 111.56 | 1.40% | 2.46% | $445 467 385 928 |  |
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|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 59.6% | 85 | $1 597.71 | 1.63% | -3.12% | $195 518 478 203 |  |
|
| 3 |  USDT |
Tether predictions | 94% | 1 | $1.000214 | 0% | 0% | $67 518 894 139 |  |
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| 4 |  BNB |
Binance Coin predictions | 64.4% | 72 | $307.54 | 1.77% | 1.44% | $48 561 092 766 |  |
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| 5 |  USDC |
USD Coin predictions | 94% | 1 | $0.999961 | -0.01% | 0.02% | $43 079 802 564 |  |
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| 6 |  XRP |
XRP predictions | 61.6% | 74 | $0.411374 | 1.67% | 0.42% | $20 899 274 392 |  |
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| 7 |  BUSD |
Binance USD predictions | 96% | 1 | $0.999970 | -0.02% | 0% | $15 797 945 581 |  |
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| 8 |  ADA |
Cardano predictions | 62.8% | 79 | $0.389742 | 4.62% | 8.05% | $13 479 166 661 |  |
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| 9 |  DOGE |
Dogecoin predictions | 61.2% | 75 | $0.087530 | 3.33% | 2.02% | $11 612 632 457 |  |
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| 10 |  STETH |
Lido stETH predictions | 90.8% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 11 |  MATIC |
Polygon predictions | 61.6% | 78 | $1.15 | 6.65% | 12.37% | $10 012 288 547 |  |
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| 12 |  SOL |
Solana predictions | 60.4% | 90 | $24.46 | 2.79% | -1.52% | $9 087 126 673 |  |
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| 13 |  DOT |
Polkadot predictions | 56.8% | 87 | $6.59 | 3.51% | 6.21% | $7 583 086 372 |  |
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| 14 |  AVAX |
Avalanche predictions | 59.2% | 92 | $20.95 | 17.58% | 20.92% | $6 593 829 036 |  |
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| 15 |  SHIB |
SHIBA INU predictions | 62.4% | 84 | $0.000012 | 3.13% | -2.02% | $6 476 713 621 |  |
