Magic Labs Sells Wallet Business to Kraken Parent Payward

AI Summary The embedded-wallet pioneer is rebranding as Newton Labs to focus on an onchain authorization layer that vets transactions against policy before they settle. fulltext: 157 chars | fulltext source: rss-fallback | summary method: extractive Original: https://thedefiant.io/news/cefi/magic-labs-sells-wallet-business-to-kraken-parent-payward Source: The Defiant