Is Wrexial, the Risen Deep legal in Standard, Modern, and Commander?

Wrexial, the Risen Deep is legal in: Modern, Legacy, Vintage, Commander.

Wrexial, the Risen Deep

Q: What type of card is Wrexial, the Risen Deep?

Wrexial, the Risen Deep is a Legendary Creature — Kraken. Its oracle text reads: "Islandwalk, swampwalk (This creature can't be blocked as long as defending player controls an Island or a Swamp.) Whenever Wrexial deals combat damage to a player, you may cast target instant or sorcery card from that player's graveyard without paying its mana cost. If that spell would be put into a graveyard, exile it instead."

Legendary Creature — Kraken

Islandwalk, swampwalk (This creature can't be blocked as long as defending player controls an Island or a Swamp.)

Whenever Wrexial deals combat damage to a player, you may cast target instant or sorcery card from that player's graveyard without paying its mana cost. If that spell would be put into a graveyard, exile it instead.

Set New Capenna Commander

Rarity Mythic Rare

Mana Value 6

Artist Eric Deschamps

Collector # 359

Scryfall Gatherer