
Bitcoin.com News|Apr 10, 2025 09:31
Magic Eden has announced its acquisition of Slingshot, an app designed to facilitate trading across multiple blockchains using a single, universal account balance. 🌐
This acquisition aims to simplify the on-chain trading experience, which currently requires users to navigate multiple wallets, manage gas fees, and find trusted bridges before purchasing tokens.
With Slingshot's technology, users can trade any token on any blockchain with a universal USDC balance, supporting both spot and limit orders in a non-custodial and transparent environment.
Jack Lu, CEO and Co-Founder of Magic Eden, emphasized that this acquisition is a significant step toward providing a seamless and secure way for users to buy and sell crypto and digital assets globally.
Clinton Bembry, Co-Founder and CEO of Slingshot, expressed excitement about the partnership, highlighting the potential to enhance trading infrastructure and make crypto more accessible to individuals.
What do you think this acquisition means for the future of cross-chain trading?
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