Payward Acquires Magna to Expand Kraken Token Lifecycle Infrastructure Services

In recent developments, payward, the parent company of Kraken, has acquired token management platform Magna to integrate comprehensive vesting and distribution tools into its financial suite. Payward announced the acquisition…

Kraken parent Payward revenues jump 33% as crypto traders pile in

In recent developments, kraken co-CEO Arjun Sethi said Payward’s revenues were “well balanced” in 2025, split almost evenly between trading and asset-based revenues. Looking closer, market participants highlight key drivers…