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Kraken acquires Magna (2026)
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acquisitionAnnounced · Feb 18, 2026CryptocurrencySource · CredibleArticle · Factual
Magna
Kraken
Magna · Kraken

Kraken acquires Magna

David Najork
David Najork · Founding Software Engineer
Published · Updated · 1 min read
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Deal value
Target
Magna
Magna
Acquirer
Kraken
Kraken
Full Acquisition
Status
Completed

Kraken agreed to acquire Magna. Reported deal value: Undisclosed. Status: Completed. Sector: Cryptocurrency. Target headquarters context: Location not specified.

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.

Kraken acquires Magna as crypto deals in 2026 expected to smash $37bn record Kraken parent company, Payward , said the Magna acquisition would allow Kraken to offer more than just trading infrastructure

Deal timeline

Announced
Feb 18, 2026 · finance.yahoo.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context

This transaction is classified in Cryptocurrency. Figures and status may change as sources update.

Sources: finance.yahoo.com · Primary article · FireStrike proprietary index