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Solana Wallet Phantom Becomes A Unicorn With $109 Million In Series B Funding
Summary: Phantom, a crypto wallet for the Solana ecosystem, has raised $109 million in a Series B round at a valuation of $1.2 billion, becoming the newest unicorn in the crypto space. The round was led by Paradigm with participation from Andreessen Horowitz (a16z), Variant Fund, Jump Capital, DeFi Alliance, Solana Ventures, and more. The Series ...
Phantom, a crypto wallet for the Solana ecosystem, has raised $109 million in a Series B round at a valuation of $1.2 billion, becoming the newest unicorn in the crypto space.
The round was led by Paradigm with participation from Andreessen Horowitz (a16z), Variant Fund, Jump Capital, DeFi Alliance, Solana Ventures, and more.
The Series B round brings Phantom’s total funding to date to $118 million, and last July it raised $9 million in a Series A round led by a16z.
Phantom, which launched last July as a browser extension, released its iOS app on Monday. The new funding will help Phantom to launch its Android app in the first half of the year, and expand into multiple blockchains, including ethereum by the end of 2022.
By Mary Liu
Tags: a16z,Andreessen Horowitz,DeFi Alliance,Jump Capital,Phantom,Solana,Variant Fund
Link: Solana Wallet Phantom Becomes A Unicorn With $109 Million In Series B Funding [Copy]
