A leading NFT marketplace announced a new funding round Tuesday. Here’s a look at who are the new investors, what the funds will go towards and how much the company is worth.
What Happened: NFT marketplace Magic Eden announced the closing of a $130 million Series B funding round Tuesday. The funding was led by Electric Capital and Greylock. Lightspeed Ventures Partners also joined the round as a new anchor investor. Other investors in the funding include Paradigm and Sequoia Capital, who are previous investors in Magic Eden.
