Payward Plans Magic Labs Wallet Acquisition to Expand B2B Infrastructure Platform

Payward plans to expand its B2B infrastructure platform, Payward Services , with embedded, non-custodial wallet infrastructure by acquiring the wallet-as-a-service business of Magic Labs . Magic Labs’ noncustodial wallet infrastructure has powered more than 60 million wallets and over $10 billion in stablecoin volume for 200,000 developers, Payward said in a Monday (July 27) press release . Payward Services offers partners a single integration point for the infrastructure they need to build alwa