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Kraken Parent Payward Acquires Magic Wallet, Adding Technology Behind 60M Wallets

Payward has agreed to acquire Magic Labs’ wallet-as-a-service business, adding embedded, non-custodial wallets to the infrastructure platform behind Kraken. The deal brings technology used to create more than 60 million...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Kraken Parent Payward Acquires Magic Wallet, Adding Technology Behind 60M Wallets
Payward has agreed to acquire Magic Labs’ wallet-as-a-service business, adding embedded, non-custodial wallets to the infrastructure platform behind Kraken. The deal brings technology used to create more than 60 million wallets into Payward’s expanding enterprise product suite. Newton Labs Sells Magic Wallet Business to Focus Fully on Onchain Authorization Payward, the parent company of crypto […]

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Kraken is a tracked market entity in the DigitalMoneyBox archive, making this useful context for readers monitoring repeated mentions and follow-up coverage.

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