Phantom

Senior Product Counsel

United States

Phantom Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
NoVisa
Fintech, Crypto & Web3, Financial ServicesIndustries

Requirements

Candidates must possess a JD and be an active member of at least one state bar. They should have over 5 years of legal experience, preferably with in-house experience at a financial services, fintech, or crypto company. A strong interest in digital assets, web3, and DeFi, along with experience in financial services and consumer protection regulations is required. Excellent judgment, communication skills, and the ability to translate legal advice into actionable guidance are essential.

Responsibilities

The Senior Product Counsel will provide full product life-cycle counseling to teams developing innovative crypto-native payments products. They will ensure compliance with applicable global regulations and provide strategic advice to stakeholders. The role includes drafting Terms of Service and negotiating a wide range of commercial and partnership agreements, as well as monitoring legal and regulatory developments and assessing their impact on Phantom.

Skills

JD
Financial Services
Fintech
Crypto
DeFi
Regulations
Compliance
Legal Advice
Communications

Phantom

Multi-chain crypto wallet for digital assets

About Phantom

Phantom.app offers a multi-chain cryptocurrency wallet that allows users to manage various digital assets across different blockchain networks without needing multiple wallets. The wallet is designed for both experienced investors and beginners, featuring a user-friendly interface that simplifies the complexities of cryptocurrency management. Users can store, stake, and earn rewards on their tokens, and benefit from a fast, low-cost token swapping feature for trading digital assets. A key aspect of Phantom.app is its integration with major NFT marketplaces, enabling users to showcase, monitor, and sell their NFT collections easily. Security is emphasized through a self-custodial model, giving users full control over their funds, along with scam detection features and the option to connect a Ledger device for added protection. Phantom.app aims to provide a seamless and secure platform for cryptocurrency management, catering to the needs of a diverse clientele.

Key Metrics

San Francisco, CaliforniaHeadquarters
2021Year Founded
$115.3MTotal Funding
SERIES_BCompany Stage
Crypto & Web3Industries
201-500Employees

Benefits

Competitive salary and equity.
Comprehensive insurance (medical/dental/vision) — 100% covered.
Stipend for your ideal remote / WFH set-up: laptop, headphones, and any other work gear you may need.
Flexible hours and a long-standing, supportive remote environment.
Monthly co-working space and mobile phone expense.
Unlimited vacation: Take time when you need it (and we really mean it).

Risks

Increased competition from Best Wallet with a superior user interface.
Rapid user growth may strain infrastructure and customer support.
Decision not to launch a token could lead to user dissatisfaction.

Differentiation

Phantom offers a multi-chain wallet supporting Solana, Ethereum, Polygon, and Bitcoin.
The wallet integrates with major NFT marketplaces for easy NFT management and transactions.
Phantom prioritizes security with self-custodial features and scam detection capabilities.

Upsides

Phantom's user base tripled to 3.2 million MAUs by January 2024.
Partnership with Transak enhances seamless digital asset purchases for users.
Integration with dYdX facilitates significant trading volume, boosting platform activity.

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