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Magic Eden CEO: ‘Very Natural’ to Expand From Solana to Ethereum NFTs

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In brief

  • Magic Eden co-founder and CEO Jack Lu appeared on Decrypt’s gm podcast.
  • He discussed the marketplace’s recent push into the Ethereum space after starting exclusively with Solana NFTs.

Magic Eden, the leading Solana NFT marketplace, continued its expansion to Ethereum today by rolling out support for a handful of major collections, including the Bored Ape Yacht Club, Pudgy Penguins, and Otherside. Additional projects will be added in the days ahead.

The “Magic Ethen” push was announced in August as the first step in Magic Eden’s multi-chain evolution, first revealed back in June when the firm announced a $130 million raise at a $1.6 billion valuation. Rather than launch its own native Ethereum tech, Magic Eden is aggregating listings from other marketplaces and integrating them within its platform.

Jack Lu, Magic Eden co-founder and CEO, appeared on the latest episode of Decrypt’s gm podcast. The wide-ranging interview covers a number of topics, including Magic Eden’s own rapid ascent—it launched just one year ago this month—amid a volatile wider NFT

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