Kraken buys token vesting platform Magna, which hit peak TVL of $60 billion in 2025

• Kraken acquired the token management platform Magna, marking the exchange’s sixth acquisition over the past 12 months.

Article Summaries:

• Kraken acquired the token management platform Magna, marking the exchange’s sixth acquisition over the past 12 months.

Sources:

• https://www.theblock.co/post/390358/kraken-buys-token-vesting-platform-magna-hit-peak-tvl-60-billion-in-2025?utm_source=rss&utm_medium=rss