Phantom

Phantom

A crypto wallet and browser extension for accessing decentralized finance (DeFi) applications. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD20222023
Revenues9.4m28.5m
% growth-204 %
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DateInvestorsAmountRound
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N/A

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$500k

Grant

$9.0m

Series A
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$109m

Valuation: $1.2b

Series B
Total Funding€108m

Recent News about Phantom

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More about Phantominfo icon
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Phantom.app is a startup operating in the rapidly evolving cryptocurrency market. Its primary offering is a multi-chain crypto wallet that simplifies the management of digital assets. The wallet supports multiple blockchain networks, eliminating the need for users to switch between different wallets for different cryptocurrencies.

The company's target clientele includes both seasoned crypto investors and novices. Its user-friendly interface and robust features make it an attractive option for anyone looking to navigate the complex world of cryptocurrencies.

Phantom.app's business model revolves around providing a seamless and secure platform for managing, trading, and earning from cryptocurrencies. It allows users to store, stake, and earn rewards with their tokens. Additionally, it offers a fast and low-cost token swapping feature, making it easier for users to trade their digital assets.

One of the standout features of Phantom.app is its integration with the largest Non-Fungible Token (NFT) marketplaces. Users can showcase their NFT collections, monitor transaction history, and even sell NFTs in just two clicks. The wallet also provides tools for managing NFTs, such as the ability to pin, hide, burn, and list them.

Security is a top priority for Phantom.app. The wallet is self-custodial, meaning users have full control over their funds. The company does not have access to users' funds. It also offers scam detection features that flag malicious transactions instantly. Users can connect their Ledger for additional security.

In terms of revenue generation, while the company's website does not explicitly state how it makes money, it's common for crypto wallets to earn from transaction fees or offering premium features.

Keywords: Cryptocurrency, Multi-chain Wallet, NFT Marketplaces, Token Swapping, Staking, User-Friendly, Self-Custodial, Scam Detection, Ledger Integration, 24/7 Support.

Investments by Phantom

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Bitski
ACQUISITION by Phantom May 2024