We’re happy to announce that Alex Mehrdad has been appointed the brand new Basic Supervisor of our Canadian operation and can spearhead the following section of our operational development throughout Canada. The information follows an essential yr of hyper-growth for our Canadian enterprise below Mark Greenberg’s stewardship, which resulted in Mark’s promotion to steer a model new division in Kraken’s international enterprise.
Over the previous yr, Greenberg has efficiently doubled the dimensions of our Canadian enterprise whereas we navigate the pre-registration endeavor (PRU) course of. He has constructively collaborated with regulators to advocate for applicable buyer protections whereas enabling Canadians to entry progressive crypto services and products. He has since been promoted internally to ascertain a newly created Asset Development & Administration staff, which aids our international shopper base in maximizing alternatives to construct their wealth by way of an intensive vary of crypto services and products.
Throughout this era of sustained development, Mehrdad has been a key pillar of our Canadian staff. He leveraged a background in administration consultancy and experience in constructing and scaling fintech startups to encourage the strategic imaginative and prescient of our native enterprise, doubling our Canadian month-to-month transacting customers because the begin of the yr.
“I’m excited to steer this very important subsequent section of our Canadian enlargement story. We’ve established a compelling providing for our native shoppers and are actually one of many largest crypto employers with over 250 Krakenites spanning throughout Canada,” stated Mehrdad. “I’m dedicated to making sure Kraken stays a family identify within the native crypto ecosystem, and to decreasing the boundaries that also maintain some Canadians again from attaining monetary freedom via cryptoassets.”
Greenberg added: “I’m pleased with our efforts to quickly scale in Canada throughout such a brief interval, and the way that has translated into extra Canadians utilizing crypto. My focus stays on development, however particularly how all our shoppers can develop crypto portfolios to make the most of progressive alternatives on this asset class. Alex has been a linchpin of our staff for a number of years, and has earned the chance to take Kraken to the following stage in Canada.”
Mehrdad takes the reins as we put together for an additional interval of fast development in Canadian crypto. Since signing our PRU final yr, our native staff has been laser-focused on enhancing our product providing for shoppers and persevering with to construct out our strong compliance measures. We’re now in a stronger place to unlock institutional demand in Canada for top-quality crypto merchandise.
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