Phantom Wallet raises $150 million in Series C round, valued at $3 billion, led by Sequoia and Paradigm with participation from a16z and Variant.
Phantom Wallet secures $150M in a Series C funding round, reaching a $3B valuation, led by Sequoia Capital and Paradigm.
Hyperbolic secures $12 million in Series A funding led by Variant and Polychain Capital to enhance engineering teams and launch its own blockchain.
AI data collection startup Sapien has secured $10.5 million in seed funding led by Variant. The company's founders, experienced in blockchain, use cryptocurrency to incentivize data labeling for AI models.
Li Jin, a general partner at Variant, argues that memecoins have a greater upside compared to traditional blue-chip governance tokens by monetizing attention.