In a strategic move to enhance its cryptocurrency wallet services, Phantom announced on Wednesday that it has acquired SimpleHash, a leading token data platform renowned for its real-time, comprehensive blockchain insights.
This acquisition marks Phantom’s third in eight months, after its acquisitions of Blowfish and Bitski in the past years.
Further, with this acquisition, Phantom will turn into a data powerhouse with on-chain analytics, setting it apart from rivals like MetaMask and Trust Wallet.
How will Phantom users will benefit
Simplehash, as the leading token data platform, will bring an array of benefits for Phantom and its users. Since it is a multi-chain token data platform, Simplehash provides real-time access to comprehensive Blockchain data across 80 chains. It includes Ethereum, Solana, Polygon, Bitcoin, and more. It is also capable of processing thousands of requests per second, having already been able to set industry standards for token data reliability.
Now with it
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