Magic Eden has raised $130 million in Series B funding, led by Electric Capital and Greylock

On June 21, Magic Eden, a Solana eco-NFT market, announced that it has closed a $130 million Series B funding round, led by Electric Capital and Greylock, with a post-round valuation of $1.6 billion. MagicEden plans to use the money to expand its primary and secondary markets and explore "multi-chain ecological opportunities".