Solana NFT Marketplace “Magic Eden” Plans To Raise $27 From Sequoia Capital

NFT marketplace Magic Eden is planning to announce a $27 million fundraising round on Monday, involving Sequoia Capital and other investors. Magic Eden uses the Solana blockchain to authenticate NFTs on its marketplace. Solana, also referred to as “Ethereum killer,” is capable of facilitating more transactions per second than Ethereum and at a much cheaper

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