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Kraken acquires Magna (2026)
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acquisitionAnnounced · Feb 18, 2026token managementSource · 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
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.

Facebook We’re excited to announce that Payward , our unified financial infrastructure platform powering Kraken , has acquired Magna

Deal timeline

Announced
Feb 18, 2026 · blog.kraken.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: blog.kraken.com · Primary article · FireStrike proprietary index