Crypto & NFT Wallet Phantom Raises $150M In Series C Round
Phantom, a multi-chain crypto and non-fungible token wallet services provider, has raised $150 million in a series C funding round. Phantom’s successful fundraising shows that individual investors, businesses, and institutions have regained confidence in the crypto market and are now willing to invest again in the nascent crypto sector. Previously, investors suffered Fud over poor performance and a lack of proper regulatory framework, which the upcoming US President Trump has vowed to restore. Phantom Raises $150M In Series C Funding Round In a January 17 blog post, Phantom confirmed that it had raised $150 million in a Series C funding round. The initiative was led by venture capital firms Sequoia Capital and Paradigm. The funding round also attracted the participation of Andreessen Horowitz (A16z) and Variant. The Series C funding round was sealed at a valuation of $3 billion, over two times the company’s previous valuation. We're thrilled to share we've raised a $150M...