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Kraken acquires tokenization platform Magna ahead of potential IPO

.1 min read
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