Phantom Pockets CEO Brandon Millman just lately shared on the Empire Podcast that the corporate has no plans to launch its personal blockchain or pursue an IPO. As an alternative, Phantom will keep centered on the Solana ecosystem and proceed constructing user-friendly merchandise for on a regular basis crypto customers.
On the Empire podcast, Phantom Pockets CEO Brandon Millman stated the corporate has no plans to launch its personal blockchain or pursue an IPO, focusing as a substitute on the Solana ecosystem and user-facing merchandise. Whereas Phantom has IPO potential, he stated the corporate prefers to increase by…
— Wu Blockchain (@WuBlockchain) November 12, 2025
Dedicated to Solana
Phantom has turn out to be some of the trusted wallets on Solana. Whereas some firms create their very own blockchains, Phantom believes staying on Solana provides extra worth to its customers.
Millman stated constructing a separate blockchain would take focus away from current customers. He highlighted Solana’s quick transactions and low charges as key causes to stay loyal.
By protecting Solana on the heart, Phantom helps builders, NFTs, and DeFi tasks on the community. This focus makes the pockets easy to make use of and dependable for newcomers and skilled customers alike.
Millman emphasised that consumer expertise is the precedence. The workforce desires individuals to really feel comfy sending, receiving, and managing crypto with out issues.
No IPO, Personal Development As an alternative
Despite the fact that Phantom has sturdy progress, Millman stated the corporate doesn’t plan to go public quickly. An IPO could be thought of sooner or later, however personal funding is the present precedence.
Phantom is backed by high buyers equivalent to a16z, Paradigm, and Sequoia Capital. These partnerships present assets for growth with out the stress of public markets.
Millman defined that avoiding an IPO helps the workforce keep versatile and deal with enhancing the pockets expertise. He desires Phantom to develop steadily with out being pushed by short-term market expectations.
Simplifying Crypto for Customers
Phantom’s technique is evident, which is to make crypto straightforward. The pockets helps Solana, Ethereum, and Polygon, however Solana stays the core.
Current updates embrace higher NFT administration, simpler DeFi entry, and clearer transaction interfaces. By specializing in usability, Phantom units itself aside from different crypto wallets.
A Sign for Solana
Phantom’s loyalty sends a robust message to the market. Whereas different firms chase new chains, Phantom is betting on Solana’s long-term success.
Solana’s rising developer neighborhood, low charges and growing DeFi exercise align with Phantom’s focus. If the technique works, Phantom may turn out to be the default pockets for tens of millions getting into the Solana ecosystem.
The Way forward for Phantom Pockets
Phantom Pockets’s option to keep away from a blockchain launch or IPO reveals clear focus. By sticking to Solana and enhancing consumer expertise, the pockets strengthens its place in crypto. With sturdy investor help, a transparent roadmap and regular product enhancements, Phantom is constructing for sustainable progress inside Solana somewhat than chasing hype.
