The Phantom CEO has stated that there are currently no plans to launch a proprietary blockchain or pursue an initial public offering (IPO). This announcement clarifies the company’s direction amidst speculation about potential technological advancements and financial moves. The decision not to pursue a proprietary blockchain indicates that Phantom will continue utilizing existing technologies rather than developing its own. Additionally, the lack of plans for an IPO suggests that the company is not seeking public investment at this time. This information may influence stakeholder expectations regarding the company’s future growth and strategies.
This update was auto-syndicated to Bpaynews from real-time sources. It was normalized for clarity, SEO and Google News compatibility.
