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Kraken parent Payward acquires Magic Labs’ embedded wallet business

Source: The Block
Kraken parent Payward acquires Magic Labs’ embedded wallet business

Magic Labs is selling its wallet business to Payward and rebranding as Newton Labs to focus on onchain finance infrastructure.

Read original on The Block
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CoinMagnetic Team

Crypto investors since 2017. We trade with our own money and test every exchange ourselves.

Updated: July 2026

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