By : Emmanuel Musa
Publisher : news
Date : July 27, 2026

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

Payward and Magic logosPayward 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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