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Magic Labs
Magic Labs is a technology company based in San Francisco, California, founded in 2018. The company focuses on decentralized identity, passwordless authentication, and Web3 infrastructure, aiming to simplify blockchain interactions for developers and users. With over 50 million wallets onboarded and 200,000 developers utilizing its services, Magic Labs has raised more than $83 million from prominent investors. The company offers a range of services, including Wallet-as-a-Service infrastructure, advanced passwordless authentication solutions, and developer tools for Web3 applications. Key products include Magic.link, a passwordless login system; Magic SDK, which allows for the creation of instant Web3 wallets; and the Newton Protocol, designed for secure asset management on-chain. Magic Labs emphasizes enterprise-grade security and user experience, making it a valuable partner for businesses looking to integrate blockchain technology.
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$3M