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Phantom, a famend multi-chain crypto and non-fungible token pockets providers supplier, has acquired SimpleHash, a token information platform, to boost real-time value monitoring, non-fungible token metadata, and market exercise. This announcement has led to instant market reactions, with Phantom’s native token, PHANT, experiencing a 5.3% value surge from $1.13 to $1.19 inside the first hour.
Phantom is getting even higher!
— Kumeka Staff (@KumekaTeam) February 26, 2025
Phantom Acquires SimpleHash
In a February 26 press launch, Phantom confirmed that they’d acquired SimpleHash, a token information platform. Underneath the acquisition, the SimpleHash and Phantom groups will be part of fingers to supercharge token information monitoring for Phantom customers, making certain they get probably 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 making certain that Phantom customers have probably the most correct and complete token information. SimpleHash unlocks an entire new stage 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 expertise and produce much more highly effective Token and NFT information to tens of millions of customers. We’re excited to push the boundaries of what’s potential for crypto information 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 superb crypto and NFT pockets, particularly as a result of its easy consumer expertise and straightforward staking choices.
When it comes to safety, Phantom is likely one of the most safe crypto and non-fungible token wallets. It has enhanced options, together with multi-chain help, 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 belongings.
Phantom X SimpleHash Integration
Then again, SimpleHash is a non-fungible token market information platform specializing in infrastructure for multi-chain NFT indexing and querying. This industry-leading token information 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 information reliability.
The token information platform is famend for delivering real-time costs, correct historic information, and instantaneous on-chain updates. These important options will assist Phantom NFT customers make knowledgeable choices about their digital belongings. Phantom anticipates leveraging SimpleHash performance to offer its customers a quicker, richer, and extra dependable expertise when interacting with their belongings.
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