🚀 Magic Eden, a leading NFT marketplace, has acquired Slingshot, a trading app that simplifies crypto trading across multiple protocols. This move extends Magic Eden's reach beyond Solana to include all chains, even Bitcoin!

- Slingshot's tech allows trading from a single USDC balance, eliminating wallet setup and gas fee hassles.

- Magic Eden aims to enhance fiat-to-crypto onramps with platforms like Apple Pay and Venmo.

- Despite a 19% drop in NFT trading volumes in 2024, Magic Eden generated $75M in revenue.

What do you think about this acquisition? Share your thoughts in the comments! 💬