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Kraken Strengthens Leadership Team with Two Key Appointments

We are pleased to announce that we have further strengthened our leadership team with two key appointments that will help position us for continued growth in an evolving global regulatory environment.

With Gilles BianRosa as Chief Operating and Product Officer and Marcus Hughes as Head of Global Regulatory Strategy, we prepare to double down on our core markets while strengthening product innovation and further diversifying our global footprint.

“As we prepare for the next phase of growth in the cryptocurrency market, we must navigate an increasingly complex and diverse regulatory environment while ensuring we can quickly adapt to rapidly changing market trends,” said Kraken CEO David Ripley. said. “We will innovate, launch new products, enter new markets and continually improve our products, while remaining compliant with applicable regulatory requirements in the many markets in which we operate.”

With over 20 years of entrepreneurial and product leadership experience, Gilles brings a deep understanding of product development and operational excellence. Most recently, Gilles served as CPO at N26, a leading European neobank, where he was responsible for defining, leading and implementing the global product strategy.

He also began trading cryptocurrencies on the neobank’s core marketplace. Prior to N26, Gilles was CPO at SoundCloud and led Samsung Electronics’ content and services division.

“We are thrilled to have Gilles join the Kraken team at this pivotal moment in our company’s growth,” said Ripley. “He has a proven track record of quickly delivering innovative products across our global organization. “Combined with his strategic insight, we will be able to continue executing our mission to make cryptocurrency accessible to the next billion users through Kraken’s leading products and services.”

Gilles will lead strategy, global business operations, product and design to drive the next generation of cryptocurrency products and services that enable customers to seamlessly transact with cryptocurrency. Gilles reports to CEO David Ripley.

“I am very excited to be joining Kraken in a role that combines my passion for product strategy, innovation and operational optimization,” said Gilles BianRosa. “I understand the importance of executing cohesive and aligned product and operational functions, and I look forward to working with teams across the company to build and deploy innovative products that expand access to cryptocurrency globally. there is.”

With Marcus, we gain a seasoned professional who brings a wealth of legal, commercial and regulatory expertise across traditional finance and cryptocurrencies. Marcus was previously Managing Director of Coinbase’s European operations and General Counsel for its International operations. With nearly a decade of traditional finance experience previously at Morgan Stanley, he is well positioned to lead regulatory strategy and expansion efforts globally.

“As a global player, we must ensure we are efficient and effective as we position ourselves to best serve our customers while adapting to regulatory changes across the markets in which we operate. There is no one better equipped than Marcus to help Kraken navigate the complexities of a fragmented and rapidly evolving regulatory environment,” said Ripley. “He will play a critical role in ensuring that our products meet the highest regulatory standards, allowing us to deliver our products and services around the world.”

In his role, Marcus will work with our leadership team to shape strategies that take into account the complex global nature of today’s cryptocurrency operations. He will lead our team of legal and regulatory experts across the markets in which we operate. He will work closely with the Government Affairs team to inform our advocacy efforts and work with leaders across the organization to ensure continued compliance with our proposals. Marcus reports to Marco Santori, Chief Legal Officer.

“I’m proud to have been selected to represent Kraken in our work with regulators around the world and help grow the company in the next phase of Kraken’s journey,” said Marcus Hughes. “Kraken’s mission to accelerate cryptocurrency adoption through a relentless focus on customer satisfaction and security hinges on providing access to our product offerings to as many people as possible. I couldn’t be more motivated to help the company unlock the opportunities that cryptocurrency creates for as many people as possible around the world.”

These materials are provided for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptocurrency or to engage in any particular trading strategy. Kraken makes no effort to increase the value of the cryptocurrency you purchase. Some cryptocurrency products and markets are unregulated and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptocurrency market may result in loss of funds. Taxes may be levied on the appreciation and/or reporting of your cryptocurrency assets and you should seek independent advice regarding your tax position. Geographic restrictions may apply.

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