Kraken acquires token management firm Magna in preparation for its IPO
TechFlame
2026-02-18 15:35
TechFlame2026-02-18 15:35
English
TechFlame News - According to Fortune, cryptocurrency exchange Kraken has announced its acquisition of token management platform Magna. Kraken declined to disclose specific terms of the deal, which was finalized last Friday. This marks Kraken's sixth acquisition in the past year, including the $1.5 billion purchase of U.S. futures platform NinjaTrader in March.