PANews reported on April 25 that MagicBlock, a Solana-based gaming company, announced the completion of a $7.5 million seed round of financing, aiming to build real-time, non-fragmented infrastructure for decentralized games and applications through Solana-native Ephemeral Rollups technology. This round of financing was led by Lightspeed Faction, with participation from Maven11, Delphi Digital, Robot Ventures, Mechanism Capital, Equilibrium and Pivot Global. The angel investor lineup includes Solana co-founders Anatoly Yakovenko, Mert Mumtaz and Tristan Yver. a16z participated in early investments, and the total financing amount has now reached $10.5 million. MagicBlock plans to expand the engineering team, promote the development of the Solana application ecosystem, and optimize its real-time execution architecture.