Kraken Announces Leadership Succession Plan

COO Dave Ripley to succeed CEO Jesse Powell

CHEYENNE, Wyo. - September 21, 2022 - Kraken, one of the world’s leading crypto platforms, today announced that COO Dave Ripley will succeed Co-founder and CEO Jesse Powell, who will become chairman of the board of directors. Dave will assume the role of CEO after Kraken completes a COO search.

“Dave’s proven leadership and experience give me great confidence that he’s the ideal successor and the best person to lead Kraken through its next era of growth,” said Powell. “I look forward to spending more of my time on the company’s products, user experience and broader industry advocacy.”

An accomplished leader, Dave has served as Kraken’s COO for six years, playing an instrumental role in growing the company and scaling its operations. He successfully grew Kraken from 50 to over 3,000 workers. Under Dave’s guidance, Kraken completed more than 16 acquisitions and secured a significant number of global regulatory licenses and partnerships.

“United by our crypto-first culture, we will empower people to transact and connect in new ways,” said Ripley. “My vision, along with the rest of the leadership team, is in lockstep with Jesse’s – to accelerate the adoption of cryptocurrency.”

Kraken will continue to invest in the ongoing expansion of its product portfolio, helping clients navigate the crypto landscape no matter where they are in their crypto journey.

With nearly a decade of crypto industry leadership experience, Dave joined Kraken through its acquisition of Glidera, an award-winning crypto wallet funding service where he was co-founder and CEO. He started his career as a software engineer and product manager, before joining the Boston Consulting Group where he advised executives throughout the financial services industry on top strategic priorities.

Over the past 11 years, Kraken has evolved from a bitcoin exchange into a diverse crypto platform. Products include an extensive suite of trading tools and educational resources, industry-leading staking services, futures trading and an OTC desk. Kraken will soon launch its own NFT marketplace.

To learn more, please visit kraken.com.

About Kraken

A Kraken é a maior plataforma global de ativos digitais do mundo baseada no volume e na liquidez do euro. Globalmente, a base de clientes da Kraken negocia mais de 90 ativos digitais e 7 moedas fiduciárias diferentes, GBP, EUR, USD, CAD, JPY, CHF e AUD.

A Kraken, atualmente com mais de 2300 funcionários, foi fundada em 2011 e foi uma das primeiras exchanges a oferecer negociação spot com margem, leilões de parachain, stake, derivativos regulamentados e serviços de índice. A Kraken tem a confiança de mais de 8,5 milhões de investidores e instituições em todo o mundo e oferece suporte profissional online 24 horas por dia.

A Kraken é apoiada por investidores, como Tribe Capital, SkyBridge, Hummingbird Ventures, Blockchain Capital, Digital Currency Group,entre outros.

Os mercados da Kraken podem ser monitorados e negociados por meio dos aplicativos Kraken iOS e Android, e por meio dos aplicativos Cryptowatch para iOS, Android e Desktop.

Para obter mais informações sobre a Kraken, visite www.kraken.com

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Crypto 101: A Beginner’s Guide to Crypto

Staying true to our mission to bring crypto to everyone, Kraken CEO Jesse Powell explains it all in our new video series: Crypto 101.

Kraken Facts

Recognizing the importance of Bitcoin from the onset, and understanding that the exchange is the most critical part of the cryptocurrency ecosystem, Jesse Powell co-founded Kraken to give people the means to quickly and securely invest in the space.

Kraken logo
  • Founded2011
  • Total team members2,300+
  • Where they livein 60+ countries
  • Tokens offered90+
  • Cash currencies offered7
  • Supported countries190
  • MascotKraken, of course
  • What we call our logo“The Beast” or “Creature”