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    Home » Archives for webmaster » Page 112

    How We Raised $80M in the Market Meltdown | Magic Labs Documentary

    webmasterBy webmasterSeptember 28, 2025 All Videos 2 Mins Read

    Sean Li and Jaemin Jin founded Magic Labs. Today, they’ve onboarded 50M+ wallets and 200,000 developers, and raised $80M+ in funding from top-tier investors, including PayPal Ventures. This film captures the raw entrepreneurial journey—from Sean’s early days selling his first startup KiteMatic to Docker, through the near-death experiences of Magic Labs, to their current mission of building Newton Protocol, the programmable trust layer to bring all assets on-chain, for agentic AI, stablecoins, RWAs and the $250T global asset market. Key Insights: 1. The Apple design philosophy that shaped Magic’s "invisible technology" approach 2. Surviving the 2018 crypto winter when everyone…

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