Phantom Acquires SimpleHash To Improve NFT Knowledge Monitoring

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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 worth monitoring, non-fungible token metadata, and market exercise. This announcement has led to quick 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 that they had acquired SimpleHash, a token information platform. Underneath the acquisition, the SimpleHash and Phantom groups will be a part of arms to supercharge token information monitoring for Phantom customers, making certain they get essentially the most correct and high-performance pockets expertise doable. 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 essentially the most correct and complete token information. 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 expertise and produce much more highly effective Token and NFT information to hundreds of thousands of customers. We’re excited to push the boundaries of what’s doable 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 good crypto and NFT pockets, particularly as a result of its easy consumer 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 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 lively customers and has overseen $20 billion in annual swap quantity and $25 billion in self-custody property.

Phantom X SimpleHash Integration

However, 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 prompt on-chain updates. These important options will assist Phantom NFT customers make knowledgeable choices about their digital property. Phantom anticipates leveraging SimpleHash performance to present its customers a quicker, richer, and extra dependable expertise when interacting with their property.