Leading digital asset platform Magic Eden will acquire Slingshot, a mobile-first crypto trading app, to rival centralized exchanges with an on-chain trading app.
Magic Eden aims to replace the need for centralized exchanges by creating a better, fully on-chain trading experience.
Slingshot offers a user-friendly platform for buying and trading crypto, with instant listings for every token across 10+ blockchains.
The acquisition of Slingshot by Magic Eden will accelerate their ability to provide a seamless and safe way to buy and sell crypto on all chains.