Phantom Acquires SimpleHash for Enhanced Blockchain Data Insights
Phantom, a decentralized wallet provider, has acquired SimpleHash, a blockchain data platform focused on token and NFT analytics. This acquisition aims to enhance real-time asset insights for users.
- The financial details of the acquisition are undisclosed.
- SimpleHash’s team will integrate into Phantom, aiming to improve crypto data accessibility.
- SimpleHash will phase out its standalone operations as part of this transition.
- This is Phantom's third acquisition in under a year, following Blowfish and Bitski.
- SimpleHash supports over 80 protocols and processes thousands of requests per second.
- The integration will provide real-time price tracking, instant metadata updates, and advanced spam detection.
- Phantom has expanded its wallet capabilities to support Ethereum, Polygon, Bitcoin, and more.
- In January, Phantom raised $150 million in Series C funding, bringing its valuation to approximately $3 billion.