Phantom Acquires SimpleHash: Will It Become The Best Wallet On The Market?

Phantom, a popular crypto wallet, has just acquired SimpleHash, a platform known for tracking real-time data on NFTs and tokens across 80+ blockchains. This marks Phantom’s third acquisition in the past year, following Bitski in May 2024 and Blowfish in November.

While the deal’s financial details haven’t been shared, the crypto community seems excited. Many believe this could make Phantom one of the most powerful wallets for tracking and managing blockchain assets.

SimpleHash is great at pulling together detailed blockchain data, such as NFT prices, metadata updates, and marketplace activity. By bringing its tech in-house, Phantom aims to give users a smoother experience with more accurate and detailed information about their digital assets. In simple terms, this means Phantom users will get real-time updates on their NFTs and tokens without needing third-party tools.

The SimpleHash team is fully joining Phantom, and its standalone services will be shut down as its features are built directly into Phantom’s wallet. This move fits Phantom’s broader goal of making crypto easier to use, especially within the Solana ecosystem, where it’s already a major player.