After a rigorous inside and exterior search over the previous 12 months, Kraken is thrilled to announce that our COO Dave Ripley will succeed Kraken’s Co-founder and CEO Jesse Powell, who will grow to be chairman of the board of administrators. Dave has been constructing the way forward for monetary freedom and inclusion alongside Jesse for six years and can assume the position of CEO after a seek for his successor is accomplished.
“Dave’s confirmed management and expertise give me nice confidence that he’s the best successor and the perfect particular person to guide Kraken by way of its subsequent period of progress,” stated Jesse. “I look ahead to spending extra of my time on the corporate’s merchandise, consumer expertise and broader {industry} advocacy.”
As an completed chief at Kraken, Dave has performed an instrumental position in rising our firm and scaling our operations. He efficiently grew Kraken from 50 to over 3,000 staff, whereas additionally finishing greater than 16 acquisitions and securing a number of regulatory licenses and partnerships.
“My imaginative and prescient, together with the remainder of the management crew, is in lockstep with Jesse’s — to speed up the adoption of cryptocurrency,” stated Dave. Beneath his management, Kraken will proceed to spend money on the continued enlargement of our product portfolio, serving to purchasers navigate the crypto panorama regardless of the place they’re of their crypto journey.
With almost a decade of crypto {industry} management expertise, Dave joined Kraken by way of our acquisition of Glidera, an award-winning crypto pockets funding service the place he was co-founder and CEO. He began his profession as a software program engineer and product supervisor, earlier than becoming a member of the Boston Consulting Group the place he suggested executives all through the monetary providers {industry} on prime strategic priorities.
Over the previous 11 years, Kraken has advanced from a bitcoin alternate into a various crypto platform. Our merchandise embrace an in depth suite of buying and selling instruments and academic assets, industry-leading staking providers, futures buying and selling and an OTC desk. Kraken will quickly launch its personal NFT market.
We’re grateful for Jesse’s management, in addition to his dedication to crypto values and Kraken’s mission over the past 11 years — and we’re thrilled to have Dave as our new CEO as we embark on our second decade of progress and world adoption.
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