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Phantom | A Friendly Multichain Crypto Wallet for DeFi & NFTs

Phantom dashboard and user interface - A friendly, non-custodial multichain wallet designed for DeFi and NFTs across Solana, Ethereum, Bitcoin, Base, and Sui.

As of 2026

Phantom

Utilities & System Tools

Revenue: $10M-100M ARR

A friendly, non-custodial multichain wallet designed for DeFi and NFTs across Solana, Ethereum, Bitcoin, Base, and Sui.

Overview

Phantom is a leading self-custody cryptocurrency wallet built to deliver a seamless, consumer-grade user experience for managing digital assets, NFTs, and decentralized finance actions. The platform securely encrypts private keys directly on the user's local device, providing complete financial sovereignty while eliminating central server dependencies. With its native swapping engines, cross-chain bridging adapters, and automated transaction simulations, it shields retail participants from phishing exploits and high-friction blockchain environments. It serves millions of active decentralized web participants, digital artifact collectors, high-speed on-chain traders, and Web3 developers.

Founded year: 2021

Founder: Brandon Millman, Chris Kalani, Francesco Agosti

Team size: 100+

Popularity: The dominant, category-defining wallet ecosystem for the Solana blockchain and one of the world's most widely utilized multi-chain non-custodial financial platforms.

HQ: San Francisco, California, United States

Status: Active

Funding status: Funded

Revenue source: Transaction Fees

Customer type: B2C

Funding: $268M

Pricing: Freemium

Tech stack: TypeScript, JavaScript, Go, Ruby on Rails, React Native, SQL, Tinybird, AWS

Platform: Web • iOS • Android • Browser extension • API

Integrations: Solana, Ethereum, Polygon, Base, Bitcoin, Sui, Monad, Stripe, MoonPay, Jupiter, Hyperliquid

Founder story

Phantom was founded in 2021 by software engineers Brandon Millman, Chris Kalani, and Francesco Agosti in San Francisco, California. Recognizing that interacting with decentralized applications on Solana and emerging alternative protocols required heavy technical background, confusing key storage management, and clunky interfaces, they built a highly polished, consumer-friendly extension ecosystem. The tool rapidly evolved into a dominant multi-chain gateway, securing extensive venture backing to scale as a comprehensive digital financial dashboard.

What it does

Non Custodial Multi Chain Token Storage
Automated Cross Chain Asset Swapping
NFT Management and Showcasing
Real Time Transaction Simulation Security
Social Login Onboarding Elimination of Seed Phrases

Who it's for

On-Chain Crypto Traders
NFT Collectors
DeFi Liquidity Providers
Web3 App Users

Why it works

Secures assets completely on-device via strict non-custodial cryptographic private key architecture
Maintains high interface query speeds under 50ms using dedicated real-time stream streaming backends like Tinybird
Protects consumer wallets automatically from toxic token distributions via proactive spam filtering algorithms
Eliminates high setup technical barriers by providing optional social login user onboarding networks
Aggregates deep cross-chain liquidity paths to enable seamless flat-rate in-app asset swapping execution

Alternatives

Comparison overview

Unlike traditional wallets that force complex string key storage from inception, Phantom simplifies user entry via intuitive social-backed authentication loops.
While older multi-chain suites deliver generic visual text grids across separate app pages, Phantom integrates interactive tracking systems for NFTs and tokens side-by-side on a uniform screen.
Compared to native cross-chain network bridges requiring multiple browser tabs, its internal engine aggregates deep liquidity to execute token trades instantly under one click.