Magna Partners with SecondSwap to Enhance Liquidity for Locked Tokens

Magna, a leading token management provider, has joined forces with SecondSwap, a decentralized marketplace for illiquid tokens, to create issuer-approved pathways for secondary transfers of locked tokens. This partnership leverages Magna's existing vesting infrastructure, allowing projects to maintain their vesting schedules while enabling secure, onchain secondary trades through SecondSwap.

The collaboration addresses longstanding inefficiencies in accessing liquidity for locked tokens. Traditionally, stakeholders resorted to opaque off-chain OTC desks or informal peer-to-peer deals, which carried reputational and regulatory risks. SecondSwap's integration with Magna ensures transparency and issuer control, safeguarding tokenomics while providing legitimate liquidity options.