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 ...

California has set a firm licensing clock for digital asset firms that want to keep serving residents of the state. The California Department of Financial Protection and Innovation issued a formal implementation update for the Digital Financial Assets Law, confirming that any individual or company conducting covered crypto activity for or on behalf of California residents must, by July 1, 2026, hold a DFAL license, have submitted a license application, or qualify for an exemption. Applications will open ...

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