Magic Eden, Solana NFT marketplace, has acquired the crypto trading app Slingshot. This move comes as part of a strategy to go beyond NFTs. Magic Eden will offer support for over 8 million tokens across nearly every major blockchain.
Slingshot enables users to access any token on 10 major blockchains. This integration aims to direct 500 million users, who are dependent on centralized exchanges, towards crypto-native platforms.
As NFT marketplaces close down, Magic Eden and Slingshot will continue to operate independently. Share your thoughts in the comments.
Slingshot enables users to access any token on 10 major blockchains. This integration aims to direct 500 million users, who are dependent on centralized exchanges, towards crypto-native platforms.
As NFT marketplaces close down, Magic Eden and Slingshot will continue to operate independently. Share your thoughts in the comments.