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Kraken parent buys Magic’s embedded wallet arm behind 60m wallets

Payward, Kraken's parent, buys Magic Labs' embedded wallet arm behind 60m wallets and 200,000 developers to sell wallets-as-a-service B2B. Terms undisclosed.

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Mastercard closes $1.8bn BVNK deal for $30bn stablecoin rail

Mastercard has closed its $1.8bn BVNK acquisition, buying a $30bn annualised stablecoin rail outright - more than four times Visa's organic run rate.

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