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Magicblock raises $ 7.5 million for power on chains on the chain on Solana

Magicblock raises $ 7.5 million for power on chains on the chain on Solana

Magicblock provided $ 7.5 million in the seed financing circuit to support real-time development, completely on chain applications on Solana.

The company is 25 April collection of funds announcement The name of the LightSpeed ​​faction as leading investors, with participation of Delphi digital, robot, Maven11, the capital of the capital and Solana co-founder Anatoli Ekovenko.

The law brings the total funding of MagicBlock to $ 10.5 million, after a pre-seed circle of 3 million dollars led by A16Z CSX at the end of 2024. Years. The company announced that new capital will be used to develop its engineering team and expand the engineering team and expand engineer for developers.

Magicblock develops technology called Ephemeral Rollups, which provides fast speed and flexibility applications without leaving Solana (Salt). This Rollops Allow applications to quickly process actions remain connected to solanic basic characteristics, such as its liquidity and tools. This means that developers do not need to use chains or layers-2 bridges, which have often shared user data and that applications are more difficult to use together.

“Each programmer wants to build the fastest chain with the deepest liquidity – it’s Solana. But they also want real-time adaptation and performance. With Magicblock, they don’t have to choose.”

– Andrea Fortugno, Magicblock co-founder

Startup already works with projects like Flash Trade, Supersize, Dtelecom and Jito (Jto) To enable trade, play and communication in real time directly on Solana. Instead of splitting up chains, MagicBlock’s approach allows applications to remain composing during the app-specific appendages such as price-specific pitches.

The increase comes during a slow period for Blockiin Gaming. According to Daaprad K1 2025 reportWeb3 Gaming raised $ 91 million, a decrease of 71% of K4 2024. Projects The construction infrastructure for construction received most funding.

The number of contracts increased by 35% despite the decline in total funding, indicating that investors continue to support basic technologies, although they use more caution. MagicBlock’s Diasing shows that there is still strong appetite For infrastructure that can deliver scalable experiences on the gaming on a chain without compromise.

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2025-04-25 08:38:00

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