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Phantom Acquires SimpleHash to Enhance NFT Data Access

Phantom Acquires SimpleHash to Enhance NFT Data Access

CoinomediaCoinomedia2025/02/27 08:55
By:JohnJohn
  • Phantom acquires SimpleHash to improve NFT and token data access.
  • SimpleHash’s team will join Phantom, and services will be discontinued.
  • The acquisition aims to enhance Phantom’s platform with better NFT data integration.

Phantom Acquires SimpleHash to Enhance NFT Data Services

Phantom, a leading crypto wallet provider, has officially acquired SimpleHash, a platform specializing in token and NFT data. While the financial terms of the deal remain undisclosed, the acquisition signifies Phantom’s commitment to improving access to Blockchain -based assets.

Crypto wallet provider Phantom has acquired SimpleHash, a token and NFT data platform, for an undisclosed amount. Following the acquisition, SimpleHash’s team will join Phantom, and its existing services will be discontinued. SimpleHash’s technology will be integrated into…

— Wu Blockchain (@WuBlockchain) February 26, 2025

SimpleHash to Merge with Phantom

As part of the acquisition, the SimpleHash team will be fully integrated into Phantom. This means that SimpleHash’s independent services will be discontinued, and its technology will be incorporated into Phantom’s ecosystem. Users who previously relied on SimpleHash will now have to transition to Phantom’s platform for similar services.

Enhanced Token and NFT Data for Users

With SimpleHash’s infrastructure integrated into Phantom, users can expect improved accessibility and accuracy in retrieving NFT and token-related data. This move will likely streamline how users interact with digital assets, providing a more seamless experience for NFT traders and collectors.

Phantom’s latest acquisition showcases the growing importance of efficient NFT data management within crypto wallets. By leveraging SimpleHash’s expertise, Phantom is set to offer enhanced blockchain asset tracking and a better user experience.

Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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