Evidently, the crypto industry moves into another transformative bull run. Kraken, one of the global crypto giant, just announced a 15% workforce cut, reshaping its leadership and structure. The move includes the exit of key executives and the appointment of Arjun Sethi as co-CEO, as Kraken aims to streamline and stay competitive in the turbulent crypto landscape.
With the goal of bolstering its compliance and global expansion strategies, Kraken, one of the leading crypto exchanges, has announced the addition of two high-profile executives to its team. Gilles BianRosa joins as the Chief Operating and Product Officer, while Marcus Hughes steps in as the Global Head of Regulatory Strategy. This strategic reinforcement comes at a time when Kraken is intensifying its efforts in expanding its global presence.