Insider: Magic Eden will shut down its Bitcoin and EVM marketplaces and gradually stop supporting multi-chain wallets

BTC-0,79%
SOL-1,84%

BlockBeats News, February 27 — According to sources cited by Blockspace, Magic Eden will shut down its Bitcoin and EVM markets and cease support for its multi-chain wallet.

Sources say Magic Eden is expected to announce its phased exit from these businesses as early as Friday, with the Bitcoin and EVM markets closing in the first week of March.

Shortly thereafter, Magic Eden also plans to discontinue its cross-chain wallet service. The wallet will enter a mode in mid-March that only supports asset export, and will fully cease service in early April. Sources also clarified that Magic Eden will continue to support NFTs and assets on Solana.

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