Crypto wallet Phantom bags $150m in $3 billion valuation

There are so many cryptocurrency wallets and Phantom is one of the popular Crypto wallets in the market. Now a days a lot of people are preferring to use non custodial wallets because with these wallets people get more control as keys are given to the honours and there is no Central authority manage in those keys.

This is important for the self custody and that is why a lot of people are now moving away from keeping the funds in exchange wallet to the non custodial wallets and that is where some wallets like Phantom and meta mask are leading the game. Altho they are so many wallets available in the market but today I am going to talk about the Phantom wallet which has got a funding of 150 million dollars which is a big amount. This amount is given as a fund for the valuation of 3 billion US dollars which itself is a big milestone and hopefully this will continue to grow more.

There are different wallets available in the crypto market and they are offering different features as well but I believe that with more competition you can expect a lot more innovation happening in the space which was missing before. Even now we get very few services available on non custodial wallets as compared to what we get on the centralised exchange and this is why more competition and innovative infrastructure is required to experience better user experience as well as more features.

Phantom being a popular wallet has got funded and with this we can expect more services edition on the wallet interface as well as it will work more on the development side to make it more safe stable and it should be offering even better user experience to the uses who have been using for a long time and it will also increase more people to start using this wallet for their Crypto requirement.

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