Jesse Powell — one of crypto's longest serving CEOs — is stepping down.
, basically warning that it might be a bad place to work for people who think of themselves as very progressive.“My vision, along with the rest of the leadership team, is in lockstep with Jesse’s — to accelerate the adoption of cryptocurrency,” Ripley said in a news release.
Kraken has grown from 50 employees to 3,000 in the time that Ripley has been with the firm, according to a statement from the firm. “I look forward to spending more of my time on the company’s products, user experience and broader industry advocacy," Powell said in a statement.Kraken has recently been acquiring various crypto companies as it drives its profits into expanding its offerings.
It acquired Picks & Shovels, which makes tools for traders and investors; Staked, one of the earliest companies that facilitated staking services for smaller and institutional coin holders and theWhile an imminent IPO has long been rumored, Powell declined to give a straightforward answer during an
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