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Kraken acquires tokenization platform Magna ahead of potential IPO

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Kraken acquires tokenization platform Magna ahead of potential IPO

Kraken's parent company has acquired tokenization platform Magna as part of a strategic expansion ahead of its potential initial public offering (IPO) with the SEC. This acquisition is part of a series of purchases made by Kraken in 2025, positioning the exchange to enhance its offerings in the rapidly evolving cryptocurrency landscape.

Read the full story at CoinTelegraph →


Source: CoinTelegraph · Report an issue

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Kraken acquires tokenization platform Magna ahead of potential IPO | CoinInformer