{"id":46108,"date":"2021-07-14T17:59:51","date_gmt":"2021-07-14T14:59:51","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=46108"},"modified":"2025-09-01T14:42:21","modified_gmt":"2025-09-01T11:42:21","slug":"phantom-wallet-on-solana-raises-9-million-in-series-a","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/phantom-wallet-on-solana-raises-9-million-in-series-a\/","title":{"rendered":"Phantom wallet on Solana raises $9 million in Series A"},"content":{"rendered":"<p>The operator of the Phantom cryptocurrency wallet on the Solana blockchain has raised $9 million in a Series A round led by Andreessen Horowitz (A16z).<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">We&#8217;re excited to announce our $9M Series A! An investment led by <a href=\"https:\/\/twitter.com\/AriannaSimpson?ref_src=twsrc%5Etfw\">@AriannaSimpson<\/a> at <a href=\"https:\/\/twitter.com\/a16z?ref_src=twsrc%5Etfw\">@a16z<\/a> with participation from <a href=\"https:\/\/twitter.com\/variantfund?ref_src=twsrc%5Etfw\">@variantfund<\/a>, <a href=\"https:\/\/twitter.com\/jumpcapital?ref_src=twsrc%5Etfw\">@jumpcapital<\/a>, <a href=\"https:\/\/twitter.com\/defialliance?ref_src=twsrc%5Etfw\">@defialliance<\/a>, <a href=\"https:\/\/twitter.com\/solana?ref_src=twsrc%5Etfw\">@solana<\/a>, <a href=\"https:\/\/twitter.com\/garrytan?ref_src=twsrc%5Etfw\">@garrytan<\/a>, <a href=\"https:\/\/twitter.com\/rleshner?ref_src=twsrc%5Etfw\">@rleshner<\/a>, <a href=\"https:\/\/twitter.com\/AntonioMJuliano?ref_src=twsrc%5Etfw\">@AntonioMJuliano<\/a>, <a href=\"https:\/\/twitter.com\/ForrestBrowning?ref_src=twsrc%5Etfw\">@ForrestBrowning<\/a> and <a href=\"https:\/\/twitter.com\/alexadelman?ref_src=twsrc%5Etfw\">@alexadelman<\/a> <a href=\"https:\/\/t.co\/nuB0dlQfq7\">https:\/\/t.co\/nuB0dlQfq7<\/a><\/p>\n<p>\u2014 Phantom (@phantom) <a href=\"https:\/\/twitter.com\/phantom\/status\/1415313543147102215?ref_src=twsrc%5Etfw\">July 14, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The round&#8217;s participants included Variant Fund, Jump Capital, the Solana Foundation, an early Coinbase investor Garry Tan, and several founders of crypto projects, including Robert Leshner, Antonio Juliano, Forrest Browning and Alex Adelman.<\/p>\n<p>The capital will be used by the non-custodial wallet team to expand across networks, including Ethereum and scaling solutions.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe are currently engaging with and evaluating a range of layer-2 solutions and sidechains, including Polygon, Arbitrum, Optimism and ZK Sync,\u201d said Phantom CEO Brandon Millman to The Block.<\/p>\n<\/blockquote>\n<p>According to him, they aim to transform into a multi-chain application by autumn 2021.<\/p>\n<p>The Phantom team, consisting of three founders, is expected to grow to 10-15 people through hiring engineers, support staff and community liaison personnel, Millman added.<\/p>\n<p>The wallet is available as browser extensions for Chrome, Brave, Firefox and Edge. The app enables users to store, send, receive and exchange digital assets, including <span data-descr=\"decentralized finance\" class=\"old_tooltip\">DeFi<\/span>-tokens and <span data-descr=\"non-fungible tokens\" class=\"old_tooltip\">NFT<\/span>.<\/p>\n<p>As part of its development plan, the team intends to release mobile versions for iOS and Android.<\/p>\n<p>Earlier, FTX exchange launched the <span data-descr=\"decentralized exchange\" class=\"old_tooltip\">DEX<\/span> Serum on the Solana blockchain. Later, Solana developers <a href=\"https:\/\/u1f987.com\/en\/news\/solana-unveils-cross-chain-bridge-linking-ethereum-and-solana-networks\">introduced a cross-chain solution<\/a>, linking tokens of their network and Ethereum.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The operator of the Phantom cryptocurrency wallet on the Solana blockchain has raised $9 million in a Series A round led by Andreessen Horowitz (A16z).<\/p>\n","protected":false},"author":1,"featured_media":46109,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1159,1133,57],"class_list":["post-46108","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-solana-sol","tag-venture-investments","tag-wallets"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=46108"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46108\/revisions"}],"predecessor-version":[{"id":46110,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46108\/revisions\/46110"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/46109"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=46108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=46108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=46108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}