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Phantom CEO: The company has no intention of launching its own blockchain or promoting an IPO

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2025-11-12 09:07:22
On November 12, according to the Empire podcast, Brandon Millman, CEO of Phantom Wallet, said that the company has no intention of launching its own blockchain or promoting an IPO, and the current focus is still on the Solana ecosystem and products for ordinary users. He said that self-built chains violate the principles of openness and composability in the crypto industry, and Phantom will continue to cultivate Solana. Brandon also said that although it has the potential to go public, the company prefers to rely on investors such as a16z, Paradigm, and Sequoia to continue to expand through private financing.
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