PHANTOM ACQUIRES SOLSNIPER TO EXPAND SOLANA TRADING TOOLS

Summary from the TLDR Crypto newsletter

Phantom has acquired Solsniper, a high-speed Solana memecoin trading platform, as part of its strategy to evolve beyond wallet infrastructure. Solsniper will continue operating independently, with new features planned. The deal follows Phantom's February acquisition of token/NFT data platform SimpleHash and comes after its $150M Series C led by Sequoia and Paradigm. Phantom is positioning itself as a full-stack Solana ecosystem hub amid volatile but growing memecoin interest.