The acquisition of Simplehash by Phantom aims to provide users with real-time, high-performance blockchain insights. This move enhances Phantom’s wallet capabilities, offering improved market data, NFT tracking, and spam protection.
Phantom Acquires Simplehash to Enhance Token Data for Users
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Phantom Boosts Wallet Performance with Simplehash Integration
Phantom, a crypto wallet provider has acquired Simplehash, a token data platform, to deliver faster, more reliable blockchain insights to its users. This marks Phantom’s third acquisition in eight months, reinforcing its goal of building the world’s most user-friendly digital asset platform.
With Simplehash’s infrastructure supporting over 80 blockchains and handling thousands of requests per second, Phantom users will gain real-time pricing, non-fungible token (NFT) metadata, and enhanced spam protection. The integration ensures instant market updates, historical data accuracy, and advanced token tracking, making the wallet experience smoother and more secure.
“By bringing on Simplehash, we’re ensuring that Phantom users have the most accurate and comprehensive token data. Simplehash unlocks a whole new level of usability for Phantom users,” said Brandon Millman, CEO of Phantom.
Additionally, Simplehash’s spam detection algorithms will improve wallet security by filtering out fraudulent tokens. Olly Wilson, co-founder of Simplehash said, “Joining Phantom allows us to scale our technology and bring even more powerful token and NFT data to millions of users.”
Phantom users can expect a richer, more efficient token management experience, reinforcing the platform’s commitment to security, transparency, and user accessibility.
