Insider: Magic Eden to Shut Down its Bitcoin and EVM Markets, Gradually Phase Out Multi-chain Wallet Support

BlockBeats News, February 27, according to sources cited by Blockspace, Magic Eden will close its Bitcoin and EVM markets and cease support for its multi-chain wallet.

Sources said Magic Eden is expected to announce a phased withdrawal of its relevant businesses as early as Friday, and close its Bitcoin and EVM markets in the first week of March.

Shortly thereafter, Magic Eden also plans to discontinue its cross-chain wallet service, which will transition to a mode supporting only asset export in mid-March and will shut down completely at the beginning of April. The sources also clarified that Magic Eden will continue to support NFTs and assets on Solana.