Phantom, the crypto wallet, has completed a $150 million Series C funding round at a $3 billion valuation, with Sequoia Capital and Paradigm co-leading the investment.

BlockBeats News, January 17th, according to official sources, the cryptocurrency wallet Phantom announced that it has completed a $150 million Series C funding round at a $3 billion valuation. The round was led by Sequoia Capital and Paradigm, with participation from a16z and Variant.

Phantom stated that its monthly active user addresses have reached 15 million, with a total of $25 billion in self-custodied assets.

Phantom stated, "With these new resources, we plan to accelerate the adoption of cryptocurrency and become the world's largest and most trusted consumer finance platform," and highlighted that the Phantom wallet "has become the world's leading cryptocurrency wallet, largely thanks to Solana."