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Solana NFT marketplace Magic Eden closes $130M Series B round at $1.6B valuation

The newly-infused capital will be used to expand the company’s primary and secondary marketplaces, explore multi-chain opportunities, allow new hirings, and for use in research and development. Since its inception in September 2021, the marketplace now receives an average of 22 million unique monthly sessions and sees over 40,000 NFTs traded daily.

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Source: Cryptocurrency - investing.com

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