NFT marketplace Magic Eden raises $27m in the latest funding round
Mark Weaden - Cryptowisser
Magic Eden, an NFT marketplace built on Solana (SOL), has raised $27 million in a Series A funding round, the company confirmed 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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