Phantom
Solana-first multichain wallet; 15M+ users.
- Who holds it
- You do. Funds sit on-chain in a wallet the company cannot freeze.
- The ledger
- The blockchain — no company keeps the authoritative record.
- If it fails
- Nothing on the company side to fail; but lose your keys and the money is gone for good.
Derived from Phantom’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | web3-native |
| HQ | San Francisco, US |
| Founded | 2021 |
| Custody | Self-custodial |
| Regulation type | Self-custodial software |
| License detail | Self-custodial software |
| Card | No card |
| Yield | In-app staking |
| Stablecoins | Yes |
| KYC | No |
| Active regions | North America, Europe, Latin America, Africa, MENA, Asia, Oceania |
| Countries | Global |
| Reported users | 15M MAU (2025) |
| Founders | Brandon Millman, Chris Kalani, Francesco Agosti |
| Funding | ~$270M (val $3B) |
Verified links: official site ↗ · terms ↗ · privacy ↗ · @phantom ↗
Common questions about Phantom
What is Phantom?
Phantom is a self-custodial, on-chain-first neobank, headquartered in San Francisco, US and founded in 2021. You hold the keys: Phantom never takes custody of your funds. It is software rather than a licensed institution (Self-custodial software).
Does Phantom have a card, and where can you use it?
It issues no card of its own and requires no identity check. It is available in all 7 world regions tracked here.
Does Phantom require KYC?
No. Phantom works without identity verification, which is possible because it is self-custodial — it never holds your funds.
What does Phantom cost?
From the verified fields: yield In-app staking. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with Phantom before relying on them.
Early investors
Head-to-head
Phantom vs MetaMask · Phantom vs Zengo
Peers
Zengo · MiniPay · Eco (Beam) · Dakota · MetaMask · Solflare
Phantom appears in
Neobanks that never hold your money (53) · Neobanks that work without identity verification (14) · Neobanks available in North America (126) · Neobanks available in Europe (144) · Neobanks available in Asia (132) · Neobanks available in Oceania (72) · Neobanks available in Latin America (113) · Neobanks available in Africa (92) · Neobanks available in MENA (85) · Neobanks with no card of their own (67) · Neobanks in United States (66)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.