Magic Labs has sold its wallet business to Payward

AI Summary Magic Labs has agreed to sell its embedded wallet business to Kraken’s parent company, Payward. The deal will be closed in the coming weeks, subject to customary closing conditions. No figure was mentioned; however, Magic Labs’ CEO Sean Li said the acquisition will be through an asset sale. Magic Labs’ wallet business in question has... fulltext: 338 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/magic-labs-sells-wallet-business-to-payward/ Source: CryptoPolitan