No longer tracked

Magic Eden is no longer in the active top-40 roster for this sector — snapshot as of June 29, 2026. News and free pipes continue to update; predictions, hard problems, theses and other authored fields are frozen at the date above.

Magic Eden

Founded in 2021 by Jack Lu, Sidney Zhang, Zhuoxun Yin and Zhuojie Zhou, Magic Eden became the leading NFT marketplace on Solana before expanding to a multichain model covering Bitcoin Ordinals, Ethereum and Polygon. In June 2022 it raised a $130 million Series B led by Greylock and Electric Capital at a $1.6 billion valuation. The company launched its ME governance token in December 2024 and has been positioning itself as a broader crypto trading platform, acquiring the mobile trading app Slingshot in April 2025 to push further into multichain token trading.

Magic Eden is the primary challenger to OpenSea in NFTs and the dominant marketplace bridging Solana and Bitcoin Ordinals, making it central to multichain consumer crypto.

magiceden.io NFT, Gaming & Consumer

United Statesprivate

At a glance

Total raised

$170M

last round series b

Headcount

51-200

approximate · public range

Headquarters

San Francisco

United States

Founded

2021

5 years active

Status

Private

NFT, Gaming & Consumer

Latest valuation

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Magic Eden

At a glance

Subscribe to see the full profile

Funding history

AI bull / bear

In the news

Leadership

Products

Magic Eden Marketplace

ME Token

Open roles

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