-

Kraken Appoints Dan Ciporin to Board of Directors

Accomplished fintech investor bolsters company’s advisory team

SAN FRANCISCO--(BUSINESS WIRE)--Kraken, one of the world’s leading crypto platforms, today announced the appointment of Dan Ciporin to its board of directors as an independent member. Dan brings a wealth of experience and insight directly applicable to the next phases of Kraken’s evolution.

“Kraken’s mission to accelerate the global adoption of crypto is at the heart of how fintech can help the world achieve financial freedom and inclusion,” Ciporin said. “As the crypto industry matures, I look forward to contributing to Kraken’s continued success as the longest-standing and most trusted crypto platform.”

Dan is currently the CEO of Home Plate Acquisition Corporation (Nasdaq: HPLT). This follows 13 years at Canaan Partners, where he led many successful investments including Lending Club (NYSE: LC), in which he was the first institutional investor 7 years before its billion-dollar IPO. Dan has served as a member of many public and private company boards, including Lending Club, ShopKeep, Borderfree, CircleUp and Corel.

Prior to Canaan Partners, Dan was CEO of shopping.com, leading the company to IPO in October 2004 and its acquisition by eBay in 2005, providing public investors with an internal rate of return of as much as 20%. Prior to that, Dan gained cross-border payments expertise as head of MasterCard's global debit program.

“Dan has a proven track record of recognizing long-term winners within technology markets that transform the way we connect and transact,” said Jesse Powell, Kraken’s founder and CEO. “As we continue to build through this bear market and beyond, we are excited that Dan’s commitment to bring economic and financial freedom is so closely aligned with our own mission.”

To learn more, please visit kraken.com or reach out to press@kraken.com.

About Kraken

Kraken is one of the world’s longest-standing digital asset platforms. Globally, Kraken clients trade more than 200 digital assets and 8 different national currencies, including GBP, EUR, USD, CAD, JPY, CHF, AUD and AED.

Kraken, over 2,000 strong, was founded in 2011 and was one of the first exchanges to offer spot trading with margin, parachain auctions, staking, regulated derivatives and index services. In 2022, it launched a custodial NFT marketplace. Kraken is trusted by over 9 million traders and institutions around the world and offers professional, round-the-clock online support. Kraken was the first company to have ever conducted a Proof of Reserves audit and has since committed to undergoing Proof of Reserves on a regular basis.

Kraken is backed by investors including Tribe Capital, SkyBridge, Hummingbird Ventures, Blockchain Capital, Digital Currency Group, among others.

Kraken markets can be monitored and traded through the Kraken iOS and Android apps, and through the Cryptowatch iOS, Android and Desktop apps.

Contacts

press@kraken.com
Alex Rapoport

Industry:

Kraken

Release Versions
English

Contacts

press@kraken.com
Alex Rapoport

More News From Kraken

Payward and London Stock Exchange to Partner to Accelerate UK Equity Markets Through Tokenization

LONDON & ST HELIER, Jersey--(BUSINESS WIRE)--Payward, the developer of the xStocks tokenized equities framework, and the London Stock Exchange are partnering to advance the tokenization of UK equity markets. In the coming weeks, the 100 largest companies listed on the London Stock Exchange will be available as xStocks, the world’s most widely traded tokenized equities framework. Together the two firms will explore how onchain distribution and regulated market infrastructure can support the next...

Krak Launches Multi-Asset Debit Card for U.S. Customers, Built to Reward Spending as Americans Look to Escape Debt Cycle

CHEYENNE, Wyo.--(BUSINESS WIRE)--Krak, the global money app from the makers of the multi-asset trading platform Kraken, is bringing its innovative multi-asset debit card to U.S. customers, the next phase in a global effort to make any currency or asset as spendable as cash. The Krak Card rewards everyday spending with up to 2% cashback paid as US dollars, or in Bitcoin if the customer chooses, while allowing customers to store money across more than 600 currencies and assets, and spend any of t...

Payward Joins Anthropic’s Project Glasswing

CHEYENNE, Wyo.--(BUSINESS WIRE)--Payward, Inc., a unified financial infrastructure platform advancing an open global financial system and the parent company of Kraken, has been selected to participate in Project Glasswing, and is actively incorporating Claude Mythos 5 into its defensive cybersecurity work. Project Glasswing is Anthropic's initiative to secure the world's most critical software for the AI era, partnering with organizations responsible for the infrastructure billions of people de...
Back to Newsroom