<p>Newton Labs is a technology company providing enterprise-grade wallet infrastructure and developer APIs for embedding non-custodial wallets into applications at scale. The platform enables developers to onboard users through familiar authentication methods such as email, social logins, and passkeys, abstracting away complex blockchain interactions.</p>

<p>July 27, 2026 Kraken parent Payward acquires Magic Labs' embedded wallet business.</p>

Newton Labs (Prev. Magic Labs)

Enterprise-grade wallet infrastructure and API for embedding non-custodial wallets into apps.

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Payward, the parent of crypto exchange Kraken, is acquiring Magic Labs’ embedded wallet business in an asset deal, with customers migrating to Payward Services. Magic Labs will rebrand to Newton Labs and focus on its Newton Protocol authorization layer.

Newton Labs (Prev. Magic Labs)

Latest Newton Labs (Prev. Magic Labs) News and Social Media Feed

Kraken parent Payward to acquire Magic Labs’ embedded wallet arm in restructuring deal