Phantom raises $150M at a $3b valuation in a Series C round co-led by Sequoia and Paradigm β Link
Ian's Intel
Phantom raises $150M at a $3b valuation in a Series C round co-led by Sequoia and Paradigm β Link
Phantom reported stats:
π€ 15M monthly active users
π€― 850M+ onchain transactions
π $20B+ in 2024 swapper volume
π² 12 average app opens per day
β $25 billion in self-custody assets
Link
π€ 15M monthly active users
π€― 850M+ onchain transactions
π $20B+ in 2024 swapper volume
π² 12 average app opens per day
β $25 billion in self-custody assets
Link
π2
ETF Flows: 16 Jan 2025
π’ Bitcoin ETFs: $626.1M net inflows
π’ Ethereum ETFs: $166.6M net inflows
π’ Bitcoin ETFs: $626.1M net inflows
π’ Ethereum ETFs: $166.6M net inflows
Binance Research: Themes for 2025
1. Spot ETF Boom: Surge in crypto ETFs with new products.
2. Token Value Models: Fee switches, token burns, and dividends grow amid regulatory clarity.
3. BTCFi Growth: Bitcoin DeFi TVL up 6,400% in 2024; focus on staking/lending.
4. Yield Stablecoins: Rising demand for yield-bearing stablecoins like Ethenaβs USDe.
5. AI x Crypto: Web2 giants (OpenAI) and crypto teams pushing innovation.
6. Layer 2s: 120+ L2s drive competition; focus on abstraction and aggregation.
7. Tokenization: TradFi giants like BlackRock tokenize assets (real estate, funds).
8. NFT Tokens: New launches (e.g., Pudgy Penguins) reignite market interest.
Full report
1. Spot ETF Boom: Surge in crypto ETFs with new products.
2. Token Value Models: Fee switches, token burns, and dividends grow amid regulatory clarity.
3. BTCFi Growth: Bitcoin DeFi TVL up 6,400% in 2024; focus on staking/lending.
4. Yield Stablecoins: Rising demand for yield-bearing stablecoins like Ethenaβs USDe.
5. AI x Crypto: Web2 giants (OpenAI) and crypto teams pushing innovation.
6. Layer 2s: 120+ L2s drive competition; focus on abstraction and aggregation.
7. Tokenization: TradFi giants like BlackRock tokenize assets (real estate, funds).
8. NFT Tokens: New launches (e.g., Pudgy Penguins) reignite market interest.
Full report