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acquisitionAnnounced · Feb 18, 2026CryptocurrencySource · CredibleArticle · Factual
Kraken acquires Magna
David Najork · Founding Software Engineer
Published · Updated · 1 min read
Deal value
—
Target
Magna
Acquirer
Kraken
Full Acquisition
Status
Completed
Kraken agreed to acquire Magna. Reported deal value: Undisclosed. Status: Completed. Sector: Cryptocurrency. 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.
Suhaimi Abdullah—Bloomberg/Getty Images Kraken has purchased the token management platform Magna , the crypto exchange announced on Wednesday
Deal timeline
Announced
Feb 18, 2026 · fortune.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: fortune.com · Primary article · FireStrike proprietary index