Kraken Parent Payward Buys Token Management Platform Magna
Key Takeaways Kraken parent Payward acquired token management platform Magna, with financial terms not disclosed. Magna will continue operating as a standalone platform, providing tools for token vesting, claims, and distributions across multiple chains. The deal expands Payward/Kraken beyond trading into token lifecycle infrastructure, starting with onboarding, security hardening, and…
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Staff Writer
18th Feb 2026