In his new position, Ben Grey will oversee our authorized, compliance and enterprise danger administration operations, guiding the corporate by means of the quickly evolving regulatory panorama.
He’ll guarantee we proceed to uphold the very 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 important addition to our management workforce as we scale the enterprise and drive innovation globally. His deep expertise as a common counsel and chief compliance officer make him a really perfect CLO for Kraken, because the trade continues combating for regulatory readability and shopper protections.”
Co-CEO David Ripley: “By aligning authorized, compliance and danger inside this workforce, we’re wanting ahead to leveraging Ben’s distinctive expertise to make sure seamless execution and operational excellence throughout the markets by which we function globally.”
CLO Ben Grey: “I’m honored to step into the position of CLO at Kraken, an organization that has persistently been on the forefront of the cryptocurrency trade. Over the previous 12 months, we’ve seen great progress in transferring in the direction of regulatory readability across the globe and 2025 will probably be a pivotal 12 months.”
“Those who adapt most successfully — with out compromise to their skill to innovate and supply the very best consumer expertise — will come out on high. Kraken is extraordinarily properly positioned to capitalize on this chance, and I couldn’t be extra excited to hitch throughout this subsequent part of development for the crypto trade.”
Ben brings over 15 years of expertise on the intersection of blockchain, crypto and authorized compliance. His profession has spanned numerous roles, from serving within the U.S. federal authorities as a monetary regulator to working as a regulatory lawyer through the early days of Bitcoin.
He pioneered compliance frameworks for consumer-facing crypto merchandise at Block (previously Sq.) and led modern stablecoin initiatives at Paxos, together with the USDG stablecoin, which was launched in partnership with Kraken.
His distinctive background and management abilities will assist us with the continued enlargement of its international footprint whereas navigating regulatory adjustments in its main markets reminiscent of 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 workforce, representing crypto on the worldwide stage and tackling important regulatory challenges, will keep on as an advisor.
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