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magic eden
Magic Eden company profile showing information on milestones, verified team, revenue, products, and funding.
Company Info
Magic Eden is an NFT marketplace built for dealers, artists, and collectors who want a fast and flexible way to explore digital assets. It started on Solana and later expanded into a strong multi-chain marketplace. Today, it supports Ethereum, Bitcoin Ordinals, Polygon, Base, Arbitrum, and other networks. The platform focuses on deep liquidity across major NFT ecosystems, low costs, and a smooth user experience. Magic Eden covers NFT drops, creator launchpads, advanced trading tools, and cross-chain aggregation. This makes it easy for beginners to get started while still meeting the needs of professional traders.
Key Features of Magic Eden:
- The Magic Eden aggregator pulls listings from multiple marketplaces, helping users spot better deals without jumping between sites
- Creators can launch NFT collections through the Magic Eden launchpad, with built-in tools for minting, royalties, and drops
- Charges reasonable marketplace costs and lets developers list NFTs without incurring upfront listing expenses.
- Features such as collection bids, floor price tracking, and rarity insights cater to both buyers and traders.
Magic Eden Milestones
| Year | Achievements |
| 2021 | Founded in September 2021 by Jack Lu, Sidney Zhang, Zhuoxun Yin, and Zhuojie Zhou |
| Raised $2.5 million in seed funding in October 2021 to kickstart the development of the platform | |
| 2022 | Raised $27 million in March 2022 in a Series A funding round led by Paradigm |
| Raised another $130 million in June 2022 in Series B, reaching a $1.6 billion valuation with Electric Capital and Greylock | |
| 2023 | Launched a marketplace for Bitcoin Ordinals in March 2023 |
| Released the ‘Lucky Buy’ feature in September 2023 to give users a chance to buy high-value NFTs at discounted prices | |
| 2024 | Became the world’s largest NFT marketplace in March 2024 by monthly trading volume at $734 million |
| Released a self-custody wallet supporting Solana, Bitcoin, Ethereum, and Polygon in January 2024 | |
| Released the $ME token to facilitate reward and governance on multiple chains | |
| 2025 | Acquired Slingshot, a mobile app for cryptocurrency trading, in April 2025 to expand into fungible token markets |
| Released the ‘Packs’ feature in October 2025, which generated $15 million in the first week |
FAQs
Company Details
Launch Date
Jan-2021
Company Size
Medium (51-250)
Total Employees
- + 6
Jack Lu, Zhuoxun Yin, Sidney Zhang and 6 Others
Contact Details
San Francisco, California, United States
Social Media
Primary Category
- NFT Market Place
Board Members and Advisors
Joe Doll
General Counsel
Chris Akhavan
Chief Gaming Officer
Belinda Chow
Chief of Staff
Linus Chung
Head of Product
Layton D
Product Design Manager
All Members
Jack Lu
Co-Founder & CEO
Zhuoxun Yin
Co-Founder & COO
Sidney Zhang
Co-Founder & CTO
Rex Zhou
Chief Engineer
- Hosted
- Sponsored
- Media Partnered
Result Not Found
The requested search filter did not yield relevant results.
- Funding
- Investment
- Revenue
| # | Investor Name | Investor Category | Funding Date | Funding Round | Invested By | Fund Raised |
|---|---|---|---|---|---|---|
 No Records data foundOops, it’s quiet here! No funding list yet. | ||||||
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