Kraken Parent Buys Magic Wallet Tech | Bitcoin and Crypto News

Kraken’s parent company Payward is acquiring Magic Labs’ wallet business to supercharge its enterprise crypto offerings—letting businesses embed self-custody wallets directly into their apps via Payward Services. With Magic Labs’ proven track record of powering 60M+ wallets and billions in stablecoin transactions, this move streamlines blockchain infrastructure for companies entering crypto, all while Magic Labs pivots to new priorities. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5799c631b3e93a89