Source: https://cointelegraph.com/news/magic-eden-acquires-crypto-trading-app-slingshot?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Magic Eden, a prominent Solana-based non-fungible token (NFT) marketplace, has made a strategic move to acquire the crypto trading app Slingshot. This acquisition is part of Magic Eden's plan to diversify its offerings beyond NFTs, especially as other marketplaces are facing challenges in the current market downturn.

With this acquisition, Magic Eden has expanded its support to more than 8 million tokens across various blockchains. By integrating Slingshot, Magic Eden aims to become a comprehensive platform for trading all types of assets across different chains, without the need for bridges or centralized exchanges.

Slingshot, known for its user-friendly interface and access to tokens on 10 major blockchains with a universal USDC balance, has