Welcome to Magna
Hello, welcome to the Magna Docs. These will provide an overview of the key primitives and workflows within the Magna platform.
Company Overview
Magna is building software infrastructure for the largest and most innovative networks/protocols in the web3 space and is relied upon by top VC funds.
Our flagship product is “Carta for Web3”, a platform to automate managing and distributing digital assets (tokens) according to custom logic to incentivize investors and network participants.
This year alone, we’ve grown our platform to over 2 billion dollars (USD) worth of digital assets managed, scaled our app to hundreds of thousands of users, and captured meaningful recurring revenue along the way.
We’re a team of ~15 in NYC & Europe backed by Y-Combinator, Tiger Global, and the biggest names in the space (Tusk Ventures, Circle, Galaxy Digital, Solana Ventures, Polygon Ventures, GSR, Tower Research, and many more).
Our engineering team comes from top finance and distributed systems companies like Gemini, Morgan Stanley, and Palantir. We’ve built exchange matching engines at scale, published AI papers at top journals, and exited startups to Fortune 500 companies prior to Magna.
Our Product
Magna is the go-to token management and distribution platform with over 1M+ users, providing sustainable token infrastructure for projects building in web3.
Magna allows companies to upload and track token allocations for their stakeholders. Magna also offers the ability to execute large scale airdrops to community members all available through a custom claim portal using your own domain.
$3.5B+ in total value processed since Q2 2022
$2.4B+ TVL in secure smart contracts OtterSec, Zellic, Trail of Bits, and Guardian Audits
Trusted by 70+ clients across Solana, Ethereum, EVM chains and Aptos
$18M in funding raised to fuel the development of token management infrastructure
For more info on our line of products, please visit our Company Overview page.
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