Acquisition
Feb 2026Magna was acquired by Payward (Kraken's parent organization) and announced it would continue as a standalone platform under Kraken.
SourceCarta for Web3: token vesting and DeFi investment management.
Company research
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Overview
Magna is a New York-based web3 token operations and digital asset management platform, often described as “Carta for Web3,” that helps crypto teams manage vesting, distributions, treasury operations, custodial accounts, payroll, and stakeholder workflows. It is now powered by Kraken/Payward but continues as a standalone platform.
Primary product
A token management / digital asset management platform for launch, vesting, claims, distributions, treasury, custody, and stakeholder operations.
Founded
2022
Headquarters
New York, New York, United States
Team size
10-20
Work style
Hybrid
Industry
Financial Services
Sub-industry
Digital Asset Management / Web3 Infrastructure
Offices
Open Positions
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