In January 2025, Phantom Wallet secures new funding through a successful Series C round, raising $150 million and achieving a $3 billion valuation. This significant investment was co-led by prominent venture capital firms Sequoia Capital and Paradigm, with participation from Andreessen Horowitz and Variant.

Strategic Objectives and Future Plans

The newly acquired funds are earmarked to advance Phantom’s mission of modernizing consumer finance through blockchain solutions. Specifically, the company plans to launch a social discovery feature while also enhancing peer-to-peer payment capabilities. Furthermore, Phantom aims to expand its infrastructure and, in addition, invest in strategic acquisitions to broaden its user base and service offerings.

Market Position and User Engagement

Phantom has demonstrated substantial growth, currently boasting 15 million monthly active users and managing over $20 billion in annual swap volume. The platform’s user-friendly interface and support for Bitcoin, Ethereum, Solana, and Sui have driven its widespread adoption.

Implications for the Digital Asset Ecosystem

This funding milestone underscores the increasing institutional confidence in blockchain technology and decentralized finance. Phantom’s strategic initiatives aim to drive innovation in digital assets, offering accessible and intuitive solutions for global users.

Conclusion

Phantom Wallet’s successful funding round and strategic plans highlight its commitment to enhancing the digital asset experience. By leveraging this investment, Phantom aims to solidify its position as a leading platform in the evolving blockchain ecosystem.

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Phantom acquires Bitski to boost crypto adoption, marking a strategic move towards enhancing user onboarding and expanding Solana ecosystem use cases. By joining forces, Phantom gains access to Bitski’s seasoned team, poised to lead the integration of embedded wallets into the Solana blockchain. This collaboration is set to revolutionize the crypto space by streamlining user and developer onboarding processes and unlocking new avenues for innovation and growth.

Seamless Integration and Transition for Users

As Phantom warmly welcomes Bitski to its family, both teams embark on a journey of collaboration and integration to elevate the user experience in the crypto landscape. With the onboarding process already underway, thus, seamless integration efforts are in progress to leverage the strengths of each team and create a unified platform. Consequently, users can anticipate a smooth transition as Bitski’s existing products gradually phase out, with ongoing communication and updates provided to ensure clarity and transparency at every step.

Commitment to Excellence: Launching Phantom’s Embedded Wallet

Phantom and Bitski share a commitment to excellence, concurrently working in tandem to introduce Phantom’s embedded wallet, thereby setting a new standard for convenience and accessibility in crypto. By pooling their expertise and resources, both teams are determined to deliver the best wallet experience to users, meeting the evolving demands of today’s crypto enthusiasts while preparing for future growth and adoption. This collaborative effort marks a significant milestone in the quest to redefine wallet technology and empower users worldwide. Indeed, it signifies a transformative step towards enhancing accessibility and inclusivity in the crypto space.

Shared Vision for Innovation and Empowerment

Donnie Dinch, co-founder and CEO of Bitski, echoes the excitement surrounding the partnership, highlighting their shared vision of creating the ultimate wallet experience in crypto. Acknowledging wallets as pivotal to consumer applications in the crypto realm, both Phantom and Bitski are driven by a relentless pursuit of innovation and user-centric design. Together, they stand poised to shape the future of wallet technology, ushering in a new era of empowerment and accessibility for billions of users globally.

Conclusion

In announcing the acquisition of Bitski, Phantom sets the stage for a transformative journey towards enhanced user experiences and groundbreaking innovation in the crypto space. With a focus on seamless integration, commitment to excellence, and a shared vision, Phantom and Bitski lead in redefining wallet technology and empowering users globally. As they embark on this collaborative endeavor, they usher in a new era of accessibility, inclusivity, and innovation in the realm of cryptocurrency.

SOURCE

https://phantom.app/learn/blog/phantom-acquires-bitski

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Phantom Integration with Unstoppable Domains

Unstoppable Domains dives deep into the innovative features and functionalities of the Phantom Wallet, a cutting-edge blockchain wallet solution. The integration of advanced security measures and user-friendly interfaces aims to revolutionize the way users interact with their digital assets.

Phantom, a well-known wallet celebrated for its intuitive interface and strong NFT functionalities, revolutionizes the management of digital assets with unparalleled ease. As the top Solana wallet, Phantom has experienced remarkable expansion by prioritizing user-friendliness and NFT compatibility. With recent support for Ethereum and Polygon, Phantom solidifies its position as the most user-friendly and NFT-centric wallet available. The integration of Unstoppable Domains further enhances the NFT experience for Phantom users, offering a seamless journey into the vibrant NFT universe.

Phantom recognizes the value of your Unstoppable Web3 domain as an NFT securely held in your wallet. With Phantom, you can conveniently access and view your domain directly within your account. The user-friendly interface allows you to easily pin your domain to your profile, enabling quick access to its details and seamless transactions, all without needing to leave the app. Phantom streamlines the management of your Unstoppable Web3 domain, providing a seamless and intuitive experience for users.

Management Quote

“Unstoppable Domains is about making Web3 accessible, intuitive, and ultimately, unstoppable,” said Sandy Carter, COO and Head of Business Development at Unstoppable Domains. “Our integration with Phantom, a wallet that shares our vision for an inclusive and NFT-friendly Web3, brings us a step closer to that reality.”

“At Phantom, we’re focused on building the best wallet possible,” said Brandom Millman, CEO & Co-Founder at Phantom. “By adding support for Unstoppable Web3 domains, we’re giving our community a new way to personalize their experience and manage their Web3 domains.”

They are thrilled to embark on this exciting chapter of their mission to enhance the user-friendliness and personalization of Web3. The collaboration between Unstoppable Domains and Phantom is revolutionizing the way users engage with NFTs and cryptocurrencies, simplifying the entire process.

With the support of 170 renowned Web3 wallets, Unstoppable Domains empowers users with even greater utility for their domains. Now is the perfect time to claim your Unstoppable domain and unlock the advantages it brings. Experience a streamlined Web3 journey and enjoy the simplified and personalized features offered by Unstoppable Domains.

SOURCE

https://unstoppabledomains.com/blog/categories/announcements/article/phantom-wallet

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Phantom multichain is now a user-friendly, self-custodial wallet that is easy to use, allows you to do more with apps, and protects you with advanced security features.

The platform is excited to bring its unparalleled user experience to Ethereum and Polygon. Phantom multichain works everywhere that MetaMask does. Import your existing MetaMask, Solana, or EVM wallets to Phantom and unlock a suite of advanced wallet features and powerful tools.

One Wallet For Everything

Phantom provides a single, convenient solution for managing all your accounts and tokens across Solana, Ethereum, and Polygon. You can view all your tokens and NFTs in one place and seamlessly connect to apps automatically, meaning you never have to manually switch networks again.

Your Accounts Reimagined 

Accounts have a redesigned look and feel which makes it easier than ever to configure your Phantom wallet:

🧿 Customize your wallet with personal account names and avatars

🧿 Swap between accounts lightning fast and copy addresses with a single click

🧿 Reorder your accounts with a simple drag and drop

Phantom is supercharged for NFT power users. View, manage, and discover NFTs from Solana, Polygon, and Ethereum on all devices, with support for all file formats.

🧿 Immersive NFT gallery: The collectibles tab provides an elegant NFT showcase that supports all file formats including audio, video and multidimensional NFTs. Pinch, zoom, and admire every pixel. Have a favorite? Easily make it the avatar for any of your wallets.

🧿 Do more with your NFTs: Search for NFTs and collections and pin your favorites for easy access. Hide and remove unwanted spam, discover new collections, and manage listings all from within your wallet.

🧿 Rich NFT metadata: NFT details like floor price, last sale price, total return, and total unique holders are at your fingertips so you can manage your collection like a pro.

🧿 Intelligent notifications: Full transaction history and rich notifications for NFT bids, sales, and listings keep you informed at the speed of the market.

Best-in-Class Security

Phantom offers a suite of industry-leading security features and organizational practices to help keep you safe. Enjoy peace of mind with everyday security features and support:

Know what you are signing 

Human readable transactions help you understand exactly what assets will be entering and leaving your wallet with a simple, easy-to-read interface. 

Transaction Previews 

Transaction Previews act like a firewall for your wallet that identifies malicious transactions and warns you before you approve them. Controlled by you, secured by us.

When you use Phantom you gain access to a host of other security features including: 

🧿 Blocklists: An open source and community-maintained blocklist that keeps NFT spam and phishing websites away.

🧿 24/7 Support team: A full-time globally-distributed support team that is dedicated to support, education, and keeping you safe.

🧿 Report and Hide Spam: Help fight NFT spam and keep the community safe by reporting spam NFTs right inside of Phantom

Get Started with Phantom Wallet 

Click here to download the new Phantom multichain wallet for your browser or mobile device.

Import, setup, and go 

Easily import all your EVM or Solana wallets in seconds and securely keep all your accounts in one place. Discover more and manage less with all your accounts in one wallet wherever you go.

About Phantom 

Phantom is a crypto wallet that can be used to manage digital assets and access decentralized applications on Solana, Polygon, and Ethereum. 

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Phantom is now launching on Polygon and Ethereum to provide a broad swath of users across Web3 with a simple, secure, and seamless wallet experience for interacting with NFTs and decentralized applications. The private multi-chain beta is set to go live in the coming weeks, with a public launch soon after.

Phantom is bringing everything crypto users need in one place while also providing best-in-class security. That’s what makes it unlike any other crypto wallet,” said Brandon Millman, CEO, and co-founder of Phantom. “In the same way we don’t use different web browsers for different types of websites, the crypto community needs a wallet that can seamlessly access different blockchains, regardless of what device they’re using

In addition to safe storage, Phantom also brings cutting-edge security features such as Burn NFT to remove spam NFTs and automated warnings around probable malicious transactions. Originally a Solana-native product, Phantom has emerged as one of the fastest-growing crypto wallets gaining over 3 million active users in just over a year since launch.

Phantom users will now be gaining access to a rich ecosystem of projects built on Polygon. The network’s low fees, high transaction speeds, and low carbon footprint have attracted tens of thousands of decentralized apps, including Aave, Uniswap, and OpenSea, and global companies like Adidas, Robinhood, Adobe, and Stripe. Polygon’s top-notch scaling solutions like zkEVM and Avail also ensure that the network will scale with future demand.

SOURCE:

https://polygon.technology/blog/phantom-adds-polygon-support-to-bring-unified-web3-experience

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Integration Highlights

RocketX integration with Jupiter and Phantom Wallet to support Solana Network, letting users transact effectively across several leading networks.

RocketX’s Multi-Chain Smart Routing Protocol will use Jupiter as the main DEX provider with 16 liquidity sources, for the multi-chain crypto swaps. Indeed, Jupiter has over $6B of Solana’s liquidity which is half of Solana’s TVL.

This integration will allow RocketX to support additional 1000+ crypto tokens on the Solana network. Currently, RocketX has over 10,000 tokens listed on its platform.

Furthermore. the Solana users will now have the ability to buy digital assets on 8 leading chains– BNB Smart Chain, AVAXC, Fantom, Polygon, Ethereum, etc, in a single transaction without leaving the Solana network, via RocketX Exchange. RocketX will enable the Solana community. To summarizeTo get the best rates from both centralized and decentralized exchanges, giving them the best of both worlds.

Low Fee Cross-Chain Crypto Swaps

Another important benefit to users includes the low-fee transfer of native assets. Such as on Solana’s SOL, Polygon’s MATIC, etc in a single click, directly without relying on third parties or having to use centralized crypto exchanges. However, this offers a slew of cross-chain transaction possibilities through the RocketX exchange. So, users can do both cross-chain swaps as well as bridge their tokens over multiple chains, from a single UI of RocketX. Settlement for most transactions is expected to be less than five minutes.

RocketX will also integrate Phantom Wallet for safe and easy storage and collection of cryptos on the Solana blockchain.

Multi-Blockchain Future via CEX and DEX Aggregator

The unconnected blockchain ecosystems operating side by side yet siloed from each other are preventing the industry from reaching its full potential. Indeed, this is where a multichain CEX and DEX aggregator like RocketX comes in. However, combining leading networks and the best of both centralized and DEX, into a powerful cross-chain platform.

Key benefits to users:

• Swap any token within Solana with Best Rates from both CEX & DEX.
• Cross-Chain Swap tokens with 8 leading chains.
• Cross-Chain Bridge tokens across 8 leading chains.
• 0 Platform fees by holding RVF, the exchange’s token.

About RocketX Exchange

RocketX is the first “Multi-Chain” CEX & DEX aggregator that helps users swap any token on any chain with the best rates across 200+ exchanges. Indeed, RocketX is a DEX and on a mission to enhance interoperability between blockchains & simplify Multi-Chain trading by enabling cross-chain swaps and bridging of native assets across leading networks via a single intuitive UI.

Website | Twitter

About Jupiter

Jupiter is the key liquidity aggregator for Solana, offering the broadest range of tokens and best route discovery between any token pair. In other words, Jupiter aims to provide the most friendly UX for users and the most powerful tools for developers. Briefly, to allow them to easily access the best-in-class swap in their application, interface, or on-chain programs.

Website ♦ Twitter

SOURCE

https://www.issuewire.com/solana-chain-is-now-live-on-rocketx-exchange-increasing-interoperability-accessibility-1736816554035660

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Partnership HighLights

This partnership of Magic Eden will become more fully integrated with your Phantom wallet experience so that you can soon trade directly on their marketplace and receive rich notifications about

All begin their web3 journey with a crypto wallet. Through this partnership, millions of Phantom’s users will become more connected to the Solana NFT ecosystem.

In the latest Phantom wallet release, users can begin receiving push notifications about their NFT bids and transactions on their iOS and Android devices. Moreover, in another first for the web3 ecosystem. Users can also list NFTs directly and exclusively on Magic Eden from their browser-connected Phantom wallet. However, additional features and functionality will be released in the coming months.

Management Quotes

“Magic Eden has set an industry standard for being a marketplace that provides cutting-edge infrastructure that enables anyone to seamlessly enter Web3 via an intuitive experience for art, gaming, sport, music and more. This collaboration will provide a vital upgrade to the onboarding experience while enabling our users to access their marketplace. While, we look forward to collaborating on accelerating NFT adoption and utility together,” said Brandon Millman, CEO of Phantom. 

Phantom is available as an in-browser app (on Chrome, Brave, Firefox and Edge) and on iOS and Android devices. Allowing users to manage their digital assets and access Solana-based apps (such as Magic Eden). Hence, talk about interconnection between two of Solana’s greatest ecosystem partners. In January, Phantom raised $109 million in a Series B funding round, earning the project its unicorn status. Just a little over a year since their beta launch. Indeed, Phantom has already seen explosive growth.

“As leaders of the Solana blockchain, Magic Eden and Phantom both recognize the need to build better bridges between the mainstream world and DeFi. Together, we hope to scale the growth of the Solana community by increasing ease of use, convenience and access to more NFTs. ” said Zhuoxun Yin, Co-Founder of Magic Eden.  

About Magic Eden

Magic Eden is the community-focused and leading NFT marketplace on Solana and home to the next generation of digital creators.

Website ♦ Twitter 

About Phantom 

Phantom makes it safe and easy for users to store, buy, send, receive, swap tokens and collect NFTs on the Solana blockchain.

Website ♦ Twitter 

SOURCE

https://contenthub.magiceden.io/say-gm-to-the-future-of-greater-integrated-NFT-experiences?utm_source=twitter&utm_medium=social-media&utm_campaign=partner&utm_term=phantom

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