Phantom has raised $150M in a Series C funding round co-led by Sequoia Capital and Paradigm

Phantom has secured $150M in a Series C funding round co-led by Sequoia Capital and Paradigm at a $3B valuation. Other investors in the round include a16z and Variant. Phantom has 15M monthly active users and $25B in self-custody assets. In November, the crypto wallet app placed ninth among the top free iPhone apps.

Phantom is a non-custodial crypto wallet for managing digital assets on Solana, Bitcoin, Ethereum, and Polygon. Previously, it raised $118M in two funding rounds backed by Solana Ventures, Jump Capital, DeFi Alliance and others.

phantom.com/learn/blog/phantom-series-c

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Ethereum NFT volume hits $186 million weekly high, driven by PENGU token launchEthereum NFT trading volume surged to $186 million last week, reaching a three-month high and marking a 67% increase from the previous week's $111 million. This growth contrasts with NFT activity on other chains. Bitcoin, the second-largest NFT ecosystem, records only $33 million in weekly volume.

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Reown to airdrop 185 million of WCT with native token launch

The project allocated 18.5% of total supply (185M WCT) for Airdrop Season 1. To participate, users must register by connecting wallets, linking GitHub accounts, and providing an email. Reown (formerly WalletConnect) enables users to link wallets to decentralized apps.

? theblock.co/post/316751/walletconnect-token-launch-airdrop

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Immutable, a blockchain gaming company, disclosed that it has received a Wells notice from the U.S. SEC. The notice alleges that Immutable violated securities regulations and made misleading statements. The SEC asserts that the company’s IMX tokens qualify as securities, possibly targeting their 2021 listing and private sale.

MANTRA Mainnet has officially launched

https://x.com/mantra_chain/status/1849095580200440132

The Linea snapshot for the Testnet Voyage NFT was taken

https://x.com/LineaBuild/status/1849121817434218606