Phantom CEO: No Blockchain or IPO Plans, Focuses on Solana and UX

Published at 2025-11-12 17:19:16

On the Empire podcast, Phantom CEO Brandon Millman said the company will not spin up its own blockchain or seek an IPO anytime soon. Millman framed the decision as a strategic choice to concentrate resources on strengthening Phantom’s role within the Solana ecosystem and delivering practical tools that improve everyday user experience.

That focus matters for Solana holders and ecosystem partners: staying committed to Solana reduces fragmentation risk and signals continued support for network growth rather than a pivot to a standalone chain. For users, the emphasis on UX and product integrations suggests upcoming investments in wallet features, security, and smoother DeFi and on‑ramp flows rather than corporate restructuring or tokenomic shifts.

PhantomWalletCryptoBlockchainSolana

Share on:

Coinbase's CEO said tokenized stocks are 'inevitable' despite uncertainty around the CLARITY Act, signaling continued product focus and investor interest. Meanwhile BNB Chain has overtaken Solana as the leading platform for tokenized stocks.

CLARITY ActTokenized StocksCoinbaseBNB ChainCrypto RegulationSolana

Published at 2026-01-18 05:15:09

Ripple and UC Berkeley Launch UDAX Accelerator to Scale XRP Ledger Startups

Ripple and UC Berkeley today unveiled UDAX, an accelerator for projects building on the XRP Ledger; nine startups completed the pilot and received technical mentorship and VC introductions. The program aims to deepen developer activity and drive real-world use cases for XRP Ledger technology.

RippleXRPUC BerkeleyStartupsBlockchainAccelerator

Published at 2026-01-17 22:45:05

Defiance Closes Ethereum ETF After Only Four Months

Miami-based Defiance ETFs announced Thursday it will close its Ethereum ETF after just four months on the market. The abrupt decision underscores mounting pressure in the competitive spot-ETH ETF landscape.

ETFCryptoMarketsEthereumDefiance

Published at 2026-01-17 18:15:09

Fed to Inject $55B in T-Bill Purchases, Boosting Crypto Market Optimism

The Federal Reserve will buy $55 billion in Treasury bills as it resumes expanding its balance sheet, fueling hopes that added liquidity could support a crypto market rally. Traders and analysts say the move may ease financial conditions and lift risk assets, including Bitcoin and Ethereum.

CryptoMarketsTreasury BillsFedLiquidity

Published at 2026-01-17 17:15:05

Senators Push Back on Tim Scott’s Broad Crypto Bill

Senate Banking Chairman Tim Scott's sweeping crypto bill faces sharp criticism from Senate Judiciary Chairman Chuck Grassley and ranking member Dick Durbin, who say the measure raises serious concerns. The bipartisan pushback could slow or reshape the proposed regulatory overhaul.