Solana-Based NFT Marketplace Magic Eden Unveils Web3-Focused Venture Capital Fund

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Solana-Based NFT Marketplace Magic Eden Unveils Web3-Focused Venture Capital Fund
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The announcement comes less than a month after the platform secured a $130 million funding round.

Prominent NFT marketplace – Magic Eden – has announced the launch of a new venture capital fund that will focus primarily on investments in Web3 games., with the new gaming investments arm, called Magic Ventures, the company expects to tap the “next wave of creativity and innovation in Web3 gaming.”

Alongside the launch of the venture arm, Magic Eden also announced the expansion of its gaming division. Dubbed “Eden Games,” the San Francisco-based NFT marketplace will now fund its own games.

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