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NFT Marketplace Magic Eden Raises $27m In The latest Funding Round

Twitter icon  •  Published 4 years ago on March 15, 2022  •  Mark Weaden

Magic Eden, an NFT marketplace build on Solana (SOL), has raised $27 million in a Series A funding round.

NFT Marketplace Magic Eden Raises $27m In The latest Funding Round

Magic Eden, an NFT marketplace build on Solana (SOL), has raised $27 million in a Series A funding round, which was confirmed by the company on Monday. The funding round was led by Paradigm, with Sequoia and Solana contributing. 

Magic Eden has stated that it will use the funds to build out a gaming vertical and launch a mobile app for browsing, minting and trading NFTs. Yesterday, the company announced the launch of Eden Games, a new gaming platform tied to the Magic Eden ecosystem.

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Mark Weaden Contributor

Mark Weaden is a British researcher and crypto enthusiast, living in Barcelona. His work has been published on a variety of leading cryptocurrency sites.

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