Magic

magic.link

Magic Labs is a wallet-as-a-service provider that simplifies the onboarding process for users into web3 through its innovative solutions. The company offers a unique product called Passport, which is a chain-abstracted smart wallet that allows developers to build applications across multiple chains with ease. Magic differentiates itself by providing a user-friendly experience that eliminates the need for seed phrases and browser extensions, making it accessible to everyday users. With a strong focus on security, Magic adheres to industry standards such as SOC 2 Type II, CCPA, GDPR, HIPAA, and ISO, ensuring compliance and business continuity. The company has gained traction in the market by being trusted by leading brands in both web2 and web3, positioning itself as a pioneer in wallet abstraction and cross-chain solutions.