Magic Eden acquires trading platform Slingshot in push to expand beyond NFTs

Quick Summary:

Jack Lu, the cofounder and CEO of Magic Eden, declined to specify the terms of the deal.

Its CEO, Clinton Bembry, will report to Lu’s cofounder and Magic Eden’s chief product officer, Zhuoxun Yin.

Slingshot, said Lu, abstracts that complexity away for its users.

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Article Details

Author / Journalist: Ben Weiss

Category: EconomyBusiness

Markets: United States

Topics: Blockchain NFTs Cryptocurrency

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-09 @ 18:00:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 298 words

Reading Time: 2 minutes read

Sentences: 5 lines

Sentence Length: 60 words per sentence (average)

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

Copyright Owner: © Fortune

News ID: 27761017

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