Magic Eden
Magic Eden is a NFT, Gaming & Consumer company founded in 2021 and based in San Francisco, United States. It has raised $170M in total funding, most recently a Series B in 2022 at a $1.6B valuation.
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 States·private 
