According to ChainCatcher, citing sources cited by Blockspace, Magic Eden will shut down its Bitcoin and EVM marketplaces and cease support for its multi-chain wallets.
Sources say Magic Eden is expected to announce a phase-out of its business as early as Friday and close its Bitcoin and EVM markets in the first week of March.
Shortly thereafter, Magic Eden also planned to discontinue its cross-chain wallet service, which would transition to a mode supporting only asset exports in mid-March and cease service entirely in early April. Sources also clarified that Magic Eden will continue to support NFTs and assets on Solana.
