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Magna
Magna is a digital asset management platform for web3 companies to launch, manage, and scale tokens. It helps manage token cap tables, automate on- or...
Magna
Magna is a digital asset management platform for web3 companies to launch, manage, and scale tokens. It helps manage token cap tables, automate on- or off-chain vesting, execute airdrops, distribute grants, and provide custody and escrow. The platform is used by founders, investors, employees, CFOs, and other stakeholders, and is now powered by Kraken.
General information
Firm type
Asset Manager
Year founded
2022
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Principals
Bruno Faviero
Co-Founder & CEO
Arun Kirubarajan
Co-Founder & CTO
Abdullah Yusuf
Founding Product Manager
Julie Octaviano
Head of Operations
Juliana Degli Innocenti
Head of Marketing
Wesley Kam
Business Development
Erkan Tecim
Senior Designer
Larry Bekchyan
Staff Software Engineer
Daniel Stoyanoff
Staff Software Engineer
Michał Lytek
Senior Software Engineer
Daniel Graczer
Senior Software Engineer
Owen Haiber
Software Engineer
David Rusyniak
Software Engineer
Rohan Suri
Software Engineer
Igor Pokryshevskiy
Software Engineer
Ayushi Bhatia
Q/A Engineer
Sector focus
Frequently asked questions
How does Magna handle tax compliance for token distributions?
Magna integrates with HRIS platforms such as Rippling, Deel, and Toku to calculate and withhold applicable taxes on restricted token unit distributions. The platform supports net-of-withholding distributions and can document 83(b) elections and token purchase agreement terms, working alongside a client's legal counsel to ensure on-chain and off-chain configurations match governing agreements.
Which custody providers does Magna integrate with?
Magna integrates with institutional custody platforms including Fireblocks, Anchorage, Safe, and Squads. Clients can manage locking, distribution, and staking operations directly from their existing custody solutions without moving assets to a new custodian, or they can use Magna’s own managed custody and escrow services.
Does Magna operate its own investment fund?
No. Magna is not a venture capital or hedge fund vehicle. The firm provides token operations software and custody infrastructure for crypto protocols, foundations, and institutional token holders. It does not publicly disclose any proprietary investment or proprietary trading activities.
What on-chain networks does Magna support for vesting and staking?
Magna's audited vesting contracts are deployed on multiple networks, and staking modules support both native validation and liquid staking token integration. The platform offers API access for developers to build custom integrations, though a full list of supported chains is not published in public-facing materials.
How does Magna's airdrop claim portal differ from a self-built solution?
Magna provides white-label claim portals with custom URLs, theming, and copy, alongside no-code administration for whitelisting and allocation adjustments. The infrastructure includes geofencing, custom claim windows, terms and conditions acceptance, and composable on-chain hooks that can trigger downstream actions such as staking or NFT minting immediately after a claim.
Does the firm offer escrow for secondary OTC token transactions?
Yes. Magna acts as a neutral third-party escrow agent for OTC token transactions, disputes, liquidations, and locked collateral situations. The firm can manage unlock or vesting schedules as part of escrow deliverables and work directly with counterparties to coordinate token delivery.
Who are Magna's institutional backers?
The firm's website displays a “Backed by the best” section with logos of named venture investors, but Magna does not disclose its capitalization table, ownership structure, or the full list of individual principals in publicly available sources.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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