The CFTC, led by Chair Michael Selig, has granted no-action relief allowing Phantom to perform certain activities without registering as a broker. The move offers targeted regulatory clarity for the wallet provider but is not a blanket exemption.
Phantom CEO Brandon Millman told the Empire podcast the company has no plans to launch a new blockchain or pursue an IPO, instead doubling down on Solana integration and user-facing product improvements. The statement clarifies Phantom’s roadmap and priorities for the near term.
Phantom CEO Brandon Millman told the Empire Podcast the company has no plans for an IPO or to launch its own blockchain and will instead keep building on Solana to simplify crypto for everyday users.