Crypto-Wallet Startup Gets $3 Billion Valuation in Sequoia, Paradigm Deal
Cryptocurrency-wallet provider Phantom Technologies Inc. has raised $150 million in a funding round led by Sequoia Capital and Paradigm that values the startup at $3 billion, more than double its previous valuation, the company said.Phantom’s wallet app recently climbed the iPhone App Store rankings following the election victory for Donald Trump, who’s expected to foster a more crypto-friendly regulatory environment as president. Brandon Millman, chief executive officer and co-founder of Phanto...
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