Phantom CEO: No IPO or New Blockchain — Firm Doubles Down on Solana

Published at 2025-11-12 12:24:17

Phantom Wallet is staying grounded for now. CEO Brandon Millman told the Empire Podcast there are no plans for an IPO or for Phantom to launch its own blockchain, despite rapid user growth and investor interest; the company will instead double down on Solana and focus on building products that make crypto easier for everyday users.

The decision keeps Phantom firmly within the Solana ecosystem and signals a prioritization of product refinement over corporate expansion. For Solana and SOL holders, Phantom’s commitment could mean deeper integration and more consumer-friendly features rather than competing infrastructure. For investors and regulators, the move reduces near-term complexity — Phantom looks to scale through user adoption and partnerships rather than a public listing or a new chain.

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