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Overview
Magic Eden operates a decentralized NFT marketplace that lets users create, discover, and trade digital collectibles on Solana and Bitcoin blockchains (including Bitcoin Ordinals and Runes). Its platform includes a launchpad for minting new NFT collections and a secondary marketplace for buying and selling existing assets, earning revenue from transaction fees on each sale. Unlike single-chain marketplaces, Magic Eden supports multiple blockchains and cross-chain activity, expanding from Solana to Bitcoin ecosystems. Its goal is to connect NFT creators, collectors, and traders worldwide by providing a straightforward place to mint, browse, and trade digital assets across networks.
About Eden
Industries
Consumer Software
Crypto & Web3
Company Size
51-200
Company Stage
Series B
Total Funding
$40.1M
Headquarters
San Francisco, California
Founded
2015
Simplify's Take
What believers are saying
- Solana NFT volume surged 45% in Q3 2025 boosting Magic Eden revenue.
- $ME token unifies Magic Eden and Dicey driving adoption and lock-in.
- Shutdown of Bitcoin EVM simplifies operations strengthening Solana dominance.
What critics are saying
- Tensor captures 60% Solana volume via superior liquidity within 6 months.
- User exodus to Unisat slashes Bitcoin trading post-March 9 shutdown.
- Declining Solana volumes erode fees against Blur and Pump.fun in 12 months.
What makes Eden unique
- Magic Eden dominates Solana NFT trading with Metaplex Core and Token 22 support.
- Exclusive pivot to Solana and Dicey iGaming differentiates from multi-chain rivals.
- Launchpad and non-custodial wallet enable seamless NFT minting and trading.
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Funding
Total Funding
$40.1M
Below
Industry Average
Funded Over
5 Rounds
Bessemer Venture Partners
Y CombinatorIndustry standards
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 1%2 year growth
↓ -1%EDEN, a digital sales enablement platform in the home services industry, has raised $3.7 million in a funding round led by undisclosed investors. The platform aims to revolutionize the $400 billion U.S. home services market by providing contractors with instant pricing and data-rich insights to optimize sales.
Metrie®, North America's largest millwork solutions provider, has acquired eden Inc., a leading pre-finished millwork products supplier for the manufactured housing industry, based in Knox, Pennsylvania. This marks Metrie's seventh acquisition in five years, enhancing its product portfolio and supporting its growth strategy. Eden's leadership, including VP Dan Hurrelbrink, will join Metrie to expand their offerings in the modular home market under the "Eden Millwork" brand.
Eden, a Mexico City-based health tech company, raised $10M in funding led by Sierra Ventures, with participation from Kaszek, Alt Capital, Y-Combinator, and Khosla Ventures. The funds will be used to expand operations and development efforts. Eden, founded by Julián Ríos and Raymundo González Leal, processes over 6 million medical studies annually, serving 1,500 institutions across 17 countries in Latin America and Central America.
Eden, a Mexican healthtech specializing in generative AI for medical imaging and clinical diagnostics, raised $10M in a funding round led by Sierra Ventures, with participation from Dalus Capital, Ali Capital, Liquid, and Endeavor. The investment will enhance Eden’s AI research, diagnostic tools, and international expansion. Eden processes 3.5M images daily and serves 6M patients across 17 Latin American countries.
Fakhri reportedly resigned as non-independent and non-executive director of Eden on Dec 31, 2017.
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About Eden
Industries
Consumer Software
Crypto & Web3
Company Size
51-200
Company Stage
Series B
Total Funding
$40.1M
Headquarters
San Francisco, California
Founded
2015
There are no jobs for Eden right now.
Find jobs on Simplify and start your career today