Magna Analysis: $15M Raised
What is Magna?
Digital asset management for token operations
Employees
11-50
Founded
2022
Industry
Blockchain
HQ Full Address
161 Bowery, New York, New York 10002, United States
Latest Funding Round Size
$15.2 million
Website Url
Product Features & Capabilities
- Onchain Vesting
- Offchain Vesting & Tax
- Whitelabel Claim Portals
- Grant Management
- Custody & Escrow
- Staking
How much Magna raised
Funding Round - $15.2 million
RecentOther Considerations
Trusted by over 150 startups and enterprises; $10B+ in tokens managed on-chain; 1M+ stakeholders using Magna; SOC 2 Type 2 certified; Integrates with Fireblocks, Anchorage, and Safe
Recent News
Recent news related to Magna includes the announcement of their integration of the first token vesting and claims smart contracts on the Filecoin network. This deployment marks a significant step for Magna as the largest multi-chain token vesting platform, enhancing their user interface and support for tokens on the Filecoin Virtual Machine. Additionally, Magna previously announced a $15.2 million seed funding round aimed at managing and automating token distribution for companies and institutions.
Competitors
The main competitors of Magna in the fintech space include:
1. Bitwave
2. Gilded
3. Coinshift
4. Streamflow
5. Mintify
6. BnkToTheFuture
7. Goonder
8. EvenFi
9. Polkastarter
10. Seedify
11. MoonStarter
1. Bitwave
2. Gilded
3. Coinshift
4. Streamflow
5. Mintify
6. BnkToTheFuture
7. Goonder
8. EvenFi
9. Polkastarter
10. Seedify
11. MoonStarter
