Magic Eden has completed a new round of financing of US$16.85 million

According to SEC documents, Tan Lu, CEO of Solana ecological NFT market Magic Eden, has filed with the SEC on January 24 to complete a new round of financing for the project. This round of financing raised a total amount of US$16,859,571.

As previously reported, in June last year, Magic Eden completed a US$130 million Series B financing at a valuation of US$1.6 billion, with Electric Capital and Greylock leading the investment. The funds were used to expand its primary and secondary markets and explore multi-chain opportunities.