In his new function, Ben Grey will oversee our authorized, compliance and enterprise threat administration operations, guiding the corporate by way of the quickly evolving regulatory panorama.
He’ll guarantee we proceed to uphold the best requirements of compliance and integrity because it additional expands its geographical footprint and product portfolio. Ben will report on to our co-CEOs Arjun Sethi and David Ripley.
Co-CEO Arjun Sethi: “Ben is a vital addition to our management crew as we scale the enterprise and drive innovation globally. His deep expertise as a common counsel and chief compliance officer make him a super CLO for Kraken, because the business continues preventing for regulatory readability and shopper protections.”
Co-CEO David Ripley: “By aligning authorized, compliance and threat inside this crew, we’re trying ahead to leveraging Ben’s distinctive expertise to make sure seamless execution and operational excellence throughout the markets during which we function globally.”
CLO Ben Grey: “I’m honored to step into the function of CLO at Kraken, an organization that has constantly been on the forefront of the cryptocurrency business. Over the previous yr, we’ve seen large progress in transferring in direction of regulatory readability across the globe and 2025 will probably be a pivotal yr.”
“Those who adapt most successfully — with out compromise to their potential to innovate and supply the absolute best shopper expertise — will come out on high. Kraken is extraordinarily nicely positioned to capitalize on this chance, and I couldn’t be extra excited to hitch throughout this subsequent section of progress for the crypto business.”
Ben brings over 15 years of expertise on the intersection of blockchain, crypto and authorized compliance. His profession has spanned various roles, from serving within the U.S. federal authorities as a monetary regulator to working as a regulatory legal professional in the course of the early days of Bitcoin.
He pioneered compliance frameworks for consumer-facing crypto merchandise at Block (previously Sq.) and led revolutionary stablecoin initiatives at Paxos, together with the USDG stablecoin, which was launched in partnership with Kraken.
His distinctive background and management expertise will assist us with the continuing growth of its international footprint whereas navigating regulatory adjustments in its main markets equivalent to Europe and the U.S.
Ben succeeds Marco Santori, who has been our CLO since 2020. Marco, who was instrumental in constructing a world-class authorized crew, representing crypto on the worldwide stage and tackling vital regulatory challenges, will keep on as an advisor.
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