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CoinDesk·3 min read·medium

Phantom doubles down on perpetual futures with hire of Hyperliquid market builders

K
Krisztian Sandor
Phantom doubles down on perpetual futures with hire of Hyperliquid market builders
AI Summary

Crypto wallet provider Phantom has hired the creators of Ventuals to bolster its trading and data teams. The move signals Phantom's strategic expansion into perpetual futures and deeper integration with the Hyperliquid ecosystem.

Why it matters

This highlights the ongoing trend of crypto wallets evolving into comprehensive financial platforms and the growing institutional interest in perpetual futures markets.

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Crypto wallet Phantom said Tuesday it hired Alvin Hsia, Emily Hsia and Aris Samad, the creators of Ventuals, the project that shut down its OpenAI and Anthropic perpetual futures markets earlier this week.

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Confidence: 85%

The report is a straightforward business announcement regarding corporate hiring and product strategy without editorializing.

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