NFT Marketplace Magic Eden’s $1.6B Valuation, Partnership With Solana’s Web3 Phone ‘Saga’

Jun 24, 2022

Magic Eden, the leading non-fungible token (NFT) marketplace on Solana, has raised $130 million in a Series B funding round at a $1.6 billion valuation. CEO Jack Lu discusses Magic Eden’s growth plans, user base and partnership with Solana Labs to build the first Web3 mobile phone. Plus, addressing concerns over Solana’s network outages.

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