Phantom Announces Public Multichain Support for Ethereum and Polygon

Phantom, a popular wallet for Solana blockchain enthusiasts, has announced that it will be ushering in public multichain support for Ethereum and Polygon. The company, which has over 3 million users, plans to roll out this integration on Monday, May 1, at 9 a.m. EST, thereby allowing its users to transfer assets across blockchains and dApps like Uniswap and Aave, as well as NFT marketplaces like Blur and OpenSea. The move also marks a significant milestone for Phantom, which saw its valuation soar to $1.2 billion after a successful $109 million funding round led by Paradigm in January 2022.

With the multichain integration, Phantom’s user base will expand beyond the Solana ecosystem, enabling wider adoption across the crypto community. Furthermore, users can now import assets from MetaMask, Solana, or Ethereum Virtual Machine wallets.