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Phantom’s $3 Billion Bet on Fewer Instructions
Crypto asked people to become their own bank. Phantom bet they would prefer an app. A friendly ghost, a Solana beachhead and $268 million in funding have turned that wager into a much bigger ambition.
Eco Built the Wallet. Then It Found the Real Business Hiding Underneath
After raising roughly $95 million for a consumer money app, Eco discovered that the wallet was not the hardest part. Its new bet is the plumbing that lets stablecoins cross chains without making users think about bridges, gas or stranded transactions.
Particle Network
Particle Network is a Singapore-based Web3 infrastructure company building chain abstraction technology so users can interact with any decentralized application on any blockchain from a single account and balance - no bridging or network switching required. Founded in 2022 as a wallet-abstraction provider, it evolved into a modular Layer-1 blockchain that coordinates transactions across chains through its flagship Universal Accounts, Universal Liquidity and Universal Gas products. Its stack has been integrated by hundreds of dApps, helped secure billions in user assets, and reached millions of users; its native PARTI token launched in March 2025.
SettleMint
SettleMint is a Belgium-founded blockchain-platform-as-a-service company that helps banks, governments and large enterprises build, deploy and operate blockchain and tokenization applications without assembling infrastructure from scratch. Its Digital Asset Lifecycle Platform combines multi-chain infrastructure, smart-contract tooling, middleware and low-code application kits so teams can move from pilot to production across issuance, compliance, custody, settlement and servicing. Founded in 2016 by Matthew Van Niekerk and Roderik van der Veer, the company serves over 80 customers worldwide and powers national-scale deployments including Saudi Arabia's real-estate registration blockchain.