The assessment is based on a convergence of high-quality evidence. The primary source is a podcast from 'Empire' featuring a direct interview with Phantom's CEO, Brandon Millman. This is the most authoritative evidence possible for what the CEO has stated. This primary account is directly and consistently corroborated by multiple secondary sources, including crypto-focused news publications like panewslab.com and weex.com, as well as a news feed on the data aggregator CoinGecko. All relevant sources uniformly report that the CEO stated the company has no plans for an IPO or its own blockchain. There is no conflicting evidence among the credible sources provided. The irrelevant sources, such as the company's help page, a Reddit post about fountain pens, and a Facebook post about vans, have been correctly disregarded as they have no bearing on the statement's veracity. The combination of a direct primary source and multiple, consistent secondary reports provides a very strong basis for concluding the statement is true.