What is Magic?

Magic Labs is a wallet infrastructure provider offering a production-ready API for embedding non-custodial wallets into applications. Developers integrate Magic's SDK to provision wallets for users via email, social login, passkeys, or SSO — without requiring users to manage seed phrases or interact with any crypto interface directly. Key technical features include sub-second wallet creation and transaction signing (50-100ms latency), customizable key sharding between Magic-managed and self-hosted setups, TEE-based key storage and signing, and support for millions of concurrent signatures. The platform is SOC 2 Type 2 and ISO 27001:2022 certified. Beyond embedded wallets, Magic Labs develops Newton Protocol — a policy protocol designed to govern onchain actions for AI agents, stablecoins, and RWAs with compliance and privacy requirements. The platform serves 200,000+ developers across 18,000+ applications with 53M+ wallets provisioned. Backers include PayPal Ventures, Lightspeed, Tiger Global, and DCG.