Kraken Appoints Carrie Dolan as Its New Chief Financial Officer

Kraken, a major cryptocurrency exchange Cryptocurrency Exchange A cryptocurrency exchange is an online platform that supports the exchange of various currencies for a cryptocurrency or digital asset.Comparable to a generalized financial exchange, a crypto exchange’s core function is to permit and encourage the buying and selling of cryptos.This is accomplished by producing a stable trading environment suitable for traders nested through different locations around the world. Sometimes a crypto exchange may be referred to as a digital currency exchange (DCE) f A cryptocurrency exchange is an online platform that supports the exchange of various currencies for a cryptocurrency or digital asset.Comparable to a generalized financial exchange, a crypto exchange’s core function is to permit and encourage the buying and selling of cryptos.This is accomplished by producing a stable trading environment suitable for traders nested through different locations around the world. Sometimes a crypto exchange may be referred to as a digital currency exchange (DCE) f Read this Term, announced on Tuesday that it hired Carrie Dolan as its new Chief Financial Officer. The financial services veteran will be working to execute the company’s strategy ‘to become the crypto portal of choice for both retail and professional investors’.

She is currently a Board Member of the Hass School of Business at the University of California Berkeley, where she studied Finance and Accounting and held an MBA. Her recent working experience includes being the Chief Financial Officer of Tradeshift and Board Member and Advisor for over five years at LendUp.

Moreover, Dolan worked as CFO at Metromile, Lending Club and Charles Schwab, where she spent almost 10 years of her career. While at Lending Club, she managed its 2014 IPO, raising $1 billion in capital and making it one of the top 10 U.S.-based internet public offerings. Also, she started her professional career working in Chevron, with her latest role as Manager in Analytical Services.

“As a rapidly growing crypto platform, finance is the cornerstone of everything we do. Carrie exemplifies everything we could hope for in a CFO, and we welcome her to the Kraken team. Carrie is a big believer in the future of crypto and brings a strong track record of experience across legacy finance, fintech startups and global marketplaces. I’m very confident that Carrie’s talent, drive and record of scaling disruptive companies in regulated industries, will be instrumental in further expanding our business and laying the foundation for the next growth stage for our company,” Jesse Powell, Kraken’s CEO, commented.

Dolan's Comments

Dolan made the following statement after her appointment: “The world has recently realized that crypto is here to stay as mainstream adoption accelerates to an unprecedented pace. Kraken is at the forefront of driving mass awareness for the value and opportunity the technology brings.”

In December 2021, Kraken announced the acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term of Staked, a leading infrastructure platform that allows secure and non-custodial cryptocurrency staking.