Phantom, a leading crypto wallet provider, has bolstered its trading and data teams by hiring Alvin Hsia, Emily Hsia, and Aris Samad, the creators of Ventuals. This move follows the recent shutdown of Ventuals' OpenAI and Anthropic perpetual futures markets. Phantom CEO Brandon Millman confirmed the new additions, emphasizing the company's commitment to expanding its capabilities in perpetual futures.
The hiring comes after Ventuals announced its integration into another project within the Hyperliquid ecosystem, marking the end of its onchain trading experiment with private-company valuations. Perpetual futures, a key innovation in the crypto industry, allow investors to speculate on price movements without expiration dates, offering high liquidity and flexibility. This strategic acquisition underscores Phantom's focus on enhancing its offerings in this rapidly growing market segment.
Phantom Strengthens Perpetual Futures Team with Key Hires from Hyperliquid
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