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Phantom Raises $150M at $3B Valuation Popular multichain wallet Phantom announced on Thursday they had raised $150M in a Series C funding round at a $3B valuation, co-led by Sequoia and Paradigm. Since launching in 2021, Phantom has grown to host 15M monthly active users and $25B in self-custody assets. In their new funding announcement, the Phantom team said that in November and December 2024, their wallet had surpassed MetaMask and Coinbase Wallet combined in active traders, trading revenue, and volume.
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