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Phantom Strengthens Hyperliquid Trading With Ventuals Team Hire

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  • Phantom hired the Ventuals founders to strengthen its Hyperliquid trading infrastructure.
  • Ventuals generated more than $1 billion in annualized trading volume before closing.
  • Phantom will continue expanding on-chain trading products through its Hyperliquid ecosystem investment.

Phantom has hired the team behind Ventuals to strengthen its Hyperliquid trading business, according to Crypto Briefing. The move brings three experienced developers into the crypto wallet as it expands its trading products and invests further in on-chain markets.


Ventuals founders Alvin Hsia, Emily Hsia, and Aris Samad joined Phantom’s trading and data teams this week. The company believes their experience building trading infrastructure will support its next stage of product development. Before launching Ventuals, the founders held engineering and product roles at Airbnb, Brex, and Paradigm.


The hiring reflects Phantom’s broader strategy to move beyond digital asset storage and token swaps. Instead, the company is building more advanced trading features directly within its wallet, allowing users to access decentralized markets without leaving the platform.


Also Read: Ripple Unlocks 1 Billion XRP as Market Watches Next Escrow Move


Phantom adds experienced builders to strengthen trading infrastructure

According to Crypto Briefing, Ventuals generated more than $1 billion in annualized trading volume before winding down its operations. The platform specialized in perpetual futures tied to private company valuations using Hyperliquid’s HIP-3 infrastructure.


Earlier this month, Ventuals announced it would cease operations and join another team working within the Hyperliquid ecosystem. That transition has now led its founders to Phantom, where they will focus on expanding the wallet’s trading and data capabilities.


Moreover, Phantom said the additions will help accelerate development as perpetual futures become a larger part of its product offering. The company has steadily increased its focus on trading tools alongside its existing wallet services.


Over the past year, Phantom also became Hyperliquid’s largest distribution partner. Consequently, adding developers with direct experience building on the network supports the company’s long-term investment in the ecosystem.


Phantom continues expanding beyond wallet services

According to Crypto Briefing, Phantom intends to keep investing in Hyperliquid and products that provide users with direct access to global on-chain liquidity. The company sees trading as a key area for future growth as more activity shifts toward decentralized markets.


Additionally, Phantom described the agreement as a team hire rather than an acquisition. Financial terms were not disclosed, and the company confirmed it did not purchase the Ventuals platform itself.


Instead, the founders will work inside Phantom to help develop new trading infrastructure and improve market data capabilities. Their experience is expected to strengthen products designed for active traders using decentralized finance.


The latest move highlights how leading crypto wallets are evolving into broader financial platforms. Rather than serving only as storage solutions, companies like Phantom are increasingly integrating trading services to meet changing user demand.


Also Read: Twelve Labs Secures $100M to Expand AI Video Models Through AWS Partnership

The post Phantom Strengthens Hyperliquid Trading With Ventuals Team Hire appeared first on 36Crypto.

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