Magic Eden Acquires Slingshot: What It Means for NFT Traders

Quick Summary:

Magic Eden, the leading NFT marketplace, made a big shot on Wednesday by acquiring the decentralised trading app, Slingshot.

The acquisition is aimed at moving Magic Eden beyond just NFTs and establish it as a major player in cross-chain trading too.

After this acquisition, Slignshot will now be directly integrated into Magic Eden’s NFT marketplace.

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Article Details

Author / Journalist: Sneha Agrawal

Category: Crypto

Markets: India

Topics: Tokens Magic Swap Crypto Token Users Acquisition Aims Eden Multiple Trading

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-10 @ 08:22:48 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 520 words

Reading Time: 3 minutes read

Sentences: 41 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 27770492

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 6 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 14 hours ago

Coverage Areas: India

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