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Phantom, a famend multi-chain crypto and non-fungible token pockets providers supplier, has acquired SimpleHash, a token knowledge platform, to boost real-time worth monitoring, non-fungible token metadata, and market exercise. This announcement has led to fast market reactions, with Phantom’s native token, PHANT, experiencing a 5.3% worth surge from $1.13 to $1.19 inside the first hour.
Phantom is getting even higher!
— Kumeka Group (@KumekaTeam) February 26, 2025
Phantom Acquires SimpleHash
In a February 26 press launch, Phantom confirmed that they’d acquired SimpleHash, a token knowledge platform. Underneath the acquisition, the SimpleHash and Phantom groups will be a part of arms to supercharge token knowledge monitoring for Phantom customers, guaranteeing they get essentially the most correct and high-performance pockets expertise potential. In a brief assertion after the acquisition, Brandon Millman, CEO of Phantom, remarked:
“By bringing on SimpleHash, we’re guaranteeing that Phantom customers have essentially the most correct and complete token knowledge. SimpleHash unlocks an entire new degree of usability for Phantom customers.”
In flip, Olly Wilson, the co-founder of SimpleHash, remarked:
“Becoming a member of Phantom permits us to scale our know-how and produce much more highly effective Token and NFT knowledge to tens of millions of customers. We’re excited to push the boundaries of what’s potential for crypto knowledge accessibility.”
Launched in 2021, Phantom is a non-custodial crypto and non-fungible token pockets providers supplier. The NFT pockets was based in San Francisco, California, by Brandon Millman, Chris Kalani, and Francesco Agost. Phantom is a go-to pockets for crypto and non-fungible tokens on Solana, Ethereum, and Polygon. Phantom is a good crypto and NFT pockets, particularly as a result of its easy person expertise and simple staking choices.
When it comes to safety, Phantom is among the most safe crypto and non-fungible token wallets. It has enhanced options, together with multi-chain assist, phishing safety, NFT instruments, and staking rewards of as much as 9% APY on Solana. Phantom claims to have over 15 million month-to-month energetic customers and has overseen $20 billion in annual swap quantity and $25 billion in self-custody property.
Phantom X SimpleHash Integration
Then again, SimpleHash is a non-fungible token market knowledge platform specializing in infrastructure for multi-chain NFT indexing and querying. This industry-leading token knowledge platform gives real-time, complete blockchain insights. Supporting over 80 chains with infrastructure that handles hundreds of requests per second, SimpleHash has set the usual for token knowledge reliability.
The token knowledge platform is famend for delivering real-time costs, correct historic knowledge, and instantaneous on-chain updates. These important options will assist Phantom NFT customers make knowledgeable choices about their digital property. Phantom anticipates leveraging SimpleHash performance to offer its customers a quicker, richer, and extra dependable expertise when interacting with their property.
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