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acquisitionAnnounced · Feb 18, 2026token managementSource · CredibleArticle · Factual
Kraken acquires Magna
David Najork · Founding Software Engineer
Published · Updated · 1 min read
Deal value
—
Target
Magna
Acquirer
Kraken
Full Acquisition
Status
Announced
Kraken agreed to acquire Magna. Reported deal value: Undisclosed. Status: Announced. Sector: token management. Target headquarters context: United States.
This page summarizes publicly available information about the transaction as of 2026-02-18. Figures and status may change as filings and press coverage update.
Payward , Kraken parent company , has acquired token operations firm Magna
Deal timeline
Announced
Feb 18, 2026 · coindesk.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in token management. Figures and status may change as sources update.
Sources: coindesk.com · Primary article · FireStrike proprietary index