Magna is a platform focusing on turning DeFi investments into financial primitives. Its first product, Carta for Web3, allows companies to manage their cap tables and distribute their token equity to employees, advisors, or investors. Additionally, the company is working on developing crypto-native tools for fund managers. Founded in 2022 and headquartered in the United States, Magna recently secured a $15.20M Seed Round investment from prominent investors including Tusk Ventures, Blockchain Founders Fund, Galaxy Digital, Liquid 2 Ventures, Avalanche, Circle Ventures, Sidedoor Ventures, Solana Ventures, Steve Aoki, and Ryan Selkis on 15th September 2022. With its focus on the DeFi, Finance, Financial Services, Fintech, and Web3 industries, Magna is positioning itself as a key player in the evolving landscape of decentralized finance.