Magic Eden, the leading Solana NFT marketplace, raises $130 million after reaching $1.6 billion value

Author: Yuvi June 22, 2022 Leading Solana NFT Marketplace, Magic Eden Raises $130M

Magic Eden, the leading NFT marketplace on the Solana Network, has raised a total of $130 million in a Series B funding round. This funding round was led by Electric Capital and Greylock. The seeding round announced on Tuesday has valued the platform at $1.6 billion, which puts it level with Series B of OpenC, the top Ethereum NFT marketplace. OpenC is already valued at $13 billion after the Series C round, which was announced earlier this year.

Leading Solana NFT marketplace revealed that it plans to use the funds raised to expand its primary and secondary…

Read the full article on

Get the latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn how to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms of Use and Disclaimer.

Author: Yuvi

My name is Yuvi, I work as Sub Editor at

22 June, 2022, 12:29 am

News Cinema on twitter News Cinema on facebook share newscinema latest news on whatsapp

Wednesday, 22nd June 2022

Latest Web Stories

More Stories