Magna is a token operations and digital asset management infrastructure platform co-founded by Bruno Faviero and Arun Kirubarajan that was acquired by Payward / Kraken in February 2026, while continuing to operate as a standalone platform. Magna's Twitter Score is 91 out of 1000 (a Good rating) as of July 2026, ranking #9,434 (top 5%) among 531,432 tracked accounts.
Magna handles token cap tables, vesting, airdrops, grants, escrow, custody, and staking for crypto protocols and their stakeholders. The platform launched in 2022 as a graduate of Y Combinator's W22 cohort and has since grown to serve over 160 protocols, managing more than $10 billion in on-chain tokens across more than one million stakeholders. Its most recent funding round valued the company at $70 million.
Magna has drawn backing from a range of notable investors and strategic partners, including Tiger Global, Tusk Venture Partners, Tower Research Capital, Shima Capital, Circle, Alchemy, Polygon, Ava Labs, and GSR. Magna has 10,136 followers as of July 2026 and has published 1,924 posts. The account has been mentioned by 69 accounts a total of 158 times.
Who follows Magna on X?
The accounts that follow Magna include 337 founders, 77 angel investors, 162 influencers and 17 VCs, among them Solana, Laura Shin, Luca Netz, Loomdart, Frank and Raj.