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Kraken Takes a Step Closer to Going Public with New Token Manager Acquisition
Kraken Acquired Magna in a US IPO Move
According to Fortune, the details of the acquisition were not disclosed despite the deal closing on Friday. This marks Kraken’s sixth acquisition in the past year. The company previously purchased US futures platform NinjaTrader for $1.5 billion in March, and also added tokenized equity provider Backed and derivatives infrastructure company Small Exchange to its portfolio.
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