Magic Eden acquires Slingshot to expand into on-chain trading, diversify beyond NFTs

Magic Eden is acquiring crypto trading app Slingshot to expand beyond NFTs and challenge centralized exchanges (CEX) with a fully on-chain trading experience, according to an April 9 press release....

By · · 1 min read
Magic Eden acquires Slingshot to expand into on-chain trading, diversify beyond NFTs

Source: CryptoSlate

Magic Eden is acquiring crypto trading app Slingshot to expand beyond NFTs and challenge centralized exchanges (CEX) with a fully on-chain trading experience, according to an April 9 press release. The acquisition marks a shift for Magic Eden, which built its name as a leading digital asset and NFT marketplace. Now, the company is aiming […]