Solana-based crypto wallet Phantom has become a unicorn after raising $109 million in a Series B funding round.
Solana ecosystem wallet, Phantom, has recently raised $109 million in a Series B funding round led by the crypto venture capital firm, Paradigm.With the latest cash injection, Phantom has now attained the status of a crypto unicorn firm, as the funding brings its market value to $1.2 billion.published on Monday, Phantom noted that the funds raised will be used to improve the wallet’s technical capabilities.
Boasting over two million daily active users, Phantom has continued to enjoy the popularity and growing acceptance of the Solana network, especially through DeFi protocols, developers, and the NFT space.
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