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Kraken's parent Payward acquires Magic Labs' crypto wallet business
Payward, the parent company of crypto exchange Kraken, has acquired the wallet technology business from Magic Labs. The deal brings wallet infrastructure directly into Payward's enterprise platform, potentially reducing the number of third-party providers businesses need to connect with.
Kraken's Parent Payward Acquires Magic Labs' Wallet Business; Firm Rebrands as Newton Labs
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