Solana NFT Marketplace Magic Eden Raises $130M at $1.6B Valuation

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    Magic Eden, the leading SolanaSOL ased NFT marketplace by market share, announced today the completion of a $130 million Series B investment round.

    Magic Eden joins $13 billion OpenSea and $7 billion LooksRare as the third NFT marketplace to achieve unicorn status. Electric Capital and Greylock co-led the funding, which comes three months after the business announced its $27 million Series A in March 2022.

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