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Magic try committed to taking best-level possibilities you to enable enterprises and you may developers in order to funnel the newest vast and unique have fun with cases of web3. We’re incredibly pleased to your possibility to function as the foundational infrastructure you to definitely energies the new web3 revolution. While we always build, we enjoy after that partnerships, advancement, and you may growing our worldwide footprint. Today scratches a great monumental milestone for Magic once we mention one i’ve closed our very own strategic investment round with $52 million, amidst perhaps one of the most tumultuous macroeconomic environment. The brand new round is provided by the PayPal Options, having participation from Cherubic, Synchrony, KX, Northzone, and you may Volt Money.
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- Which investment brings all of our total elevated investment to over $80 million, strengthening Magic’s condition while the market top bag-as-a-provider (WaaS) supplier.
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