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Payward, the parent company of the cryptocurrency exchange Kraken, has acquired the tokenization platform Magna, expanding its infrastructure.
Kraken said Wednesday the acquisition would allow Magna to operate “as a standalone platform, powered by” the crypto exchange. The company’s announcement said Kraken would use the platform for “onchain and off-chain vesting, white-label token claims, custody and escrow workflows, specialized staking functionality,” and other functions.
“Joining Kraken…
https://cointelegraph.com/news/kraken-acquisition-magna-tokenization?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
