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The highlights, in one minute 👇• Sponsoring Trump Accounts for Wyoming newborns• @Payward acquires Magna• OTC desk connects to ICE chat• Earn rewards on USDCSee you next week.#krakenin60 https://t.co/hwhIvluvBw ...

RT Dave Ripley (@DavidLRipley)Payward has acquired Magna, bringing its leading token lifecycle infrastructure into @KrakenFX’s services.Magna is already core infra for teams running high-stakes token ops: onchain + offchain vesting, white-label claims, custody/escrow workflows, specialized staking functionality, and more.For protocols, the value is pretty straightforward: fewer brittle spreadsheets, cleaner execution around TGE + ongoing distributions, and a path to institutional-grade security and support ...

Payward, the parent company of US crypto exchange Kraken, has bought token management platform Magna for an undisclosed amount. Payward said Wednesday that the deal would help Kraken offer more than just trading infrastructure. Moving forward, the exchange would feature a “fully verticalised product suite.” “This acquisition accelerates Kraken’s evolution into a platform where issuers, builders, and investors can rely on institutional-grade infrastructure from inception through scale,” Kraken’s head of ...

Kraken continues acquisition streak by buying token management firm Magna ahead of IPO push https://t.co/rPNUhepACs ...

Kraken buys token vesting platform Magna, which hit peak TVL of $60 billion in 2025 https://t.co/0lLHPYMI9i ...

Core Viewpoint - Kraken has completed the acquisition of token management platform Magna, which supports early token issuers and provides services during the token liquidity phase [1] Group 1: Acquisition Details - The acquisition of Magna marks Kraken's sixth purchase in the past year [1] - The terms of the deal have not been disclosed [1] Group 2: Strategic Implications - Kraken's CEO Arjun Sethi emphasized that this acquisition supports early token issuers [1] - The acquisition aligns with Kraken's ongoing efforts to expand its product line in preparation for its IPO [1] Group 3: IPO Plans - Kraken confidentially submitted its IPO application in November 2025 [1] - The company plans to disclose part of its 2025 financial data in February 2026 [1]

Magna, now powered by Kraken ⤵️Payward (@Payward):Kraken x Magna 🤝We’re excited to announce that we have acquired @magna_digital to bring vesting, claims, staking, custody & token ops into a broader end-to-end stack.For builders, this means institutional-grade lifecycle infrastructure, not just liquidity. ...

🚨FORTUNE EXCLUSIVE: KRAKEN ACQUIRES MAGNA IN 6TH DEAL THIS YEARCrypto exchange @krakenfx has acquired token management platform Magna as the company rapidly expands its product suite ahead of a highly anticipated public offering.- Magna acquisition, which closed on Friday, marks Kraken's sixth acquisition in the past year, following its massive $1.5B purchase of NinjaTrader in March 2025Kraken filed confidentially for an IPO in November 2025 and recently released 2025 financials, positioning itself to join ...

Kraken, one of the largest US-based crypto exchanges, has acquired the token management platform Magna. The move marks another step in its aggressive expansion as it prepares for an initial public offering (IPO). Kraken Acquires Magna Amid US IPO Push The terms of the acquisition, which closed Friday, were not disclosed. Still, this marks Kraken’s sixth deal in the past year. Others include: $1.5 billion purchase of US futures platform NinjaTrader in March Acquisitions of tokenized stock provider Bac ...