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Magic Eden Moves Beyond NFTs with Slingshot Acquisition

  • Magic Eden, an NFT marketplace, has acquired Slingshot, a crypto trading application, to expand its services.
  • The acquisition will enable Magic Eden to offer fiat-to-crypto options and AI tools.
  • Magic Eden will broaden its reach to over 8 million tokens across different blockchain networks.
  • The acquisition aims to strengthen Magic Eden's position and improve user experience in the crypto trading market.

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