avatar

Solana's NFT Marketplace Magic Eden Closes $27 Million Financing with Sequoia Capital and Others

Solana's NFT market Magic Eden closed a $27 million financing, with participation from Sequoia Capital, Paradigm, Greylock and others. Magic Eden was founded by former Coinbase product manager Zhuoxun Yin. In addition to the NFT market, Magic Eden also established MagicDAO, through which users can vote on which series of NFTs are displayed on the homepage.
Source

Fund Raising

Related News
Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million
ZK-powered onchain credit analytics startup Accountable raises $2.3 million seed round ZK-powered onchain credit analytics startup Accountable raises $2.3 million seed round
Crypto-AI startup Fraction AI raises $6 million in pre-seed funding Crypto-AI startup Fraction AI raises $6 million in pre-seed funding
Crypto casino Monkey Tilt raises $30 million Series A led by Pantera Capital Crypto casino Monkey Tilt raises $30 million Series A led by Pantera Capital
Praxis gets $525M for utopic crypto, AI-friendly city Praxis gets $525M for utopic crypto, AI-friendly city
Latest News More More
2 Days Ago Crypto industry cheers progress in 'historic' stablecoin legislation as Senate advances GENIUS Act
3 Days Ago Vitalik Buterin suggests implementing ‘partially stateless nodes’ to help scale Ethereum
May 15 Synthetix proposes $27 million token swap to acquire options protocol Derive
May 14 FalconX partners with Standard Chartered to boost crypto offerings for institutional clients
May 13 COIN jumps 8% on news Coinbase will become the first pure-play crypto firm to join S&P 500 index

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open