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by: xpoolPosted on: April 10, 2025

Magic Eden Acquires Slingshot to Expand into Crypto Trading

Magic Eden, the NFT marketplace once valued at $1.6 billion during the peak of the NFT boom, is expanding its reach beyond digital collectibles. The Solana-based platform acquired Slingshot Finance, a cross-chain crypto trading app, to directly compete with centralized exchanges. This move positions Magic Eden as a significant player in the evolving cryptocurrency landscape.

Related posts:

  1. Magic Eden Acquires Slingshot to Expand Beyond NFTs
  2. Magic Eden Acquires Slingshot for Multi-Chain Trading Expansion
  3. Magic Eden Expands Its Horizons: Acquiring Slingshot for a Comprehensive Trading Platform
  4. Anonymous Trader Buys $45 Million Worth of Ethereum
Crypto Trading Decentralized Exchanges Magic Eden

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