Magic Labs, a leading provider of embedded wallets for platforms like Polymarket and Naver, announced its collaboration with Newton Protocol (NEWT) to significantly enhance onchain compatibility. This integration will bring programmable compliance infrastructure directly to the transaction layer for over 200,000 developers using Magic Labs’ ecosystem and 50 million wallets. The integration facilitates the inclusion of features like verifiable policy enforcement and automated risk management into applications built by developers. Magic Labs co-founder Jaemin Jin emphasized that the integration aims to build a framework for compliance, extending from onboarding to transactions. Mohammad Akhavannik, executive director of the Magic Newton Foundation, highlighted the integration’s impact on thousands of application developers. Despite this positive development, NEWT price experienced a decline following the announcement.