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‘No need to Register with SEC', New Kraken CEO

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By Augustine Mbam - September 26, 2022 - 5 Mins Read

New Kraken CEO Unveils His Plan 

Newsvot reports that the new Kraken CEO took over the role of the co-founder of the company Jesse Powell.

According to a statement released on September 21st, the company was "thrilled" to announce that Dave Ripley was the new CEO. 

Speaking about what he thinks of the new CEO, co-founder Jesse Powell said that he trusted Dave to fill the CEO role perfectly. 

"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. I look forward to spending more of my time on the company’s products, user experience, and broader industry advocacy," Jess Powell said. 

Dave Ripley has spent about six years working for the exchange and joined Kraken through the company's acquisition of Glidera. 

According to Dave, his plans for the company align with that of his predecessor. He plans to expand Kraken's portfolio of products and also increase its impact in the crypto industry. 

"My vision, along with the rest of the leadership team, is in lockstep with Jesse’s — to accelerate the adoption of cryptocurrency," Dave Ripley said.