Today, we're excited to announce our $109 million series B round led by Paradigm with participation from past investors, including a16z, Variant, Solana Ventures, and Jump Crypto.
Our team's honored to work with these incredible partners and have their trust in executing our vision to bring web3 to the world. It's clear that the explosive adoption of NFTs and decentralized finance (DeFi) has underscored the tremendous role crypto wallets have in providing a user-experience that is safe, fun, and easy-to-use.
Mobile Launch
Our first step toward this vision is the launch of Phantom across mobile platforms, starting with the release of our iOS app to the public today. With an Android launch also coming shortly, we couldn’t be more excited about the potential for mobile to empower a whole new set of users and use cases for Phantom. These additional platforms will provide both promising avenues for user growth and opportunities to innovate on safety and security.
As we look towards 2022 and beyond, we'll also use this financing to accelerate:
- Onboarding new users and developers to web3 - Helping users discover decentralized applications (dapps) as well as providing tools to improve the developer experience.
- Innovating on the multichain wallet user experience - Push the boundaries of what crypto wallets can do both from a utility and a security perspective on multiple blockchains.
- Scaling our team - Growing the Phantom team, particularly on the product development and community support fronts, as the Phantom user base expands.
We're thrilled so many people have chosen us as their crypto wallet. Collectively, our users have staked more than 112.4 million SOL ($10.4 billion), swapped $1.37 billion in tokens and made 55.2M NFT, DeFi and app transactions. We know we have a great responsibility to continue building and will always act in the best interest of the community.
Still haven't tried Phantom? Download it now.