Kraken parent Payward acquires Magic Labs’ embedded wallet business
Magic Labs is selling its wallet business to Payward and rebranding as Newton Labs to focus on onchain finance infrastructure.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Magic Labs is selling its wallet business to Payward and rebranding as Newton Labs to focus on onchain finance infrastructure.
Why this matters
Kraken is a tracked market entity in the DigitalMoneyBox archive, making this useful context for readers monitoring repeated mentions and follow-up coverage.
Original source
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