Crypto Exchange Kraken Sees Handful of Senior Execs Depart: Source

Four Senior Executives Who Work on the Institute Side of Business Have Recently Left Kraken.Updated Sep 17, 2025, 6:38 PM PUBLISHED SEP 17, 2025, 6:22 PM

Kraken, the Cryptocurrency Exchange Preparing for a Potential Public Listing in the Us Early Next Year, Has Seen The Departure of Four Senior Executives from The Institute of the A Porenn Senior Exec. with the matter.

TOSE WHO RECENTLY LEFT Kraken Are: David Olsson, Global Head of Institutional Sales; Shannon Kurtas, Head of Exchanges and A VP of Product and the Pro Service; Jeff K, A Director of OTC Trading and Sanjay K, OTC Trading Lead for Americas, The Person Said, Who Declined to Be Identified.

Kraken Declined to Comment on the Department, None of Whom ImmediaTely Responed to Requests for Comment.

Kraken was reported to have a hundDS “of jobs ahead of a US lining planned for the first quarter of 2026. Back in aprilil of this year Eliminate Certain Roles and Consolidate Teams WHERE REDUNDANDANCies Exist, While Continuing to Hire in Key Areas of the Business. ”

Kraken’s Income in Q2 2025 WAS 6.8% LOWER THAN IN THE EQUIVALENT QUARTER ONE YEAR AGO. The San Francisco, California-Based Exchange Reported Ebitda of $ 79.7 Million, Versus $ 85.5 Million in Q2 2024.

Read More: Kraken Sheds ‘Hundreds’ Of Jobs to Streamline Business Ahead of IPO, Sources Say

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