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.
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Fresh in the current trading session. The story has cross-source confirmation.
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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Cross-source coverage
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Payward acquires Magic Labs’ embedded wallet business as Kraken parent’s M&A spree accelerates
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