Magic Labs, Embedded Wallet Provider for Polymarket & Naver, Integrates Newton Protocol for Onchain Compliance
Magic Labs is integrating Newton Protocol to bring programmable, automated compliance to its 50 million wallets and 200,000 developers.Summary
Magic Labs, the core developer of Newton Protocol and a wallet provider for platforms like Polymarket and Naver, is integrating the Newton SDK across its network. This move embeds programmable compliance directly into the transaction layer for over 200,000 developers and 50 million wallets, marking the largest deployment of such infrastructure to date.
This integration extends Magic Labs' existing security framework—already SOC 2 Type 2, ISO 27001:2022, and HIPAA certified—to include automated risk management for checks like KYC, AML, and sanctions screening at the transaction level, eliminating the need for developers to maintain in-house legal infrastructure. The partnership builds on successful prior work with Polymarket, where Magic and Newton Protocol implemented a step-up 2FA policy framework for high-risk actions.
Newton Protocol offers a universal, chain-agnostic policy layer that uses offchain oracle data to generate verifiable onchain proofs of compliance, secured by a decentralized operator network utilizing EigenLayer restaking, aiming to set a new standard for compliant automation at scale in DeFi and beyond.
(Source：BeInCrypto)