-

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 Intends to Bring Onchain Perpetual Futures to US Clients, Starting on Hyperliquid

CHEYENNE, Wyo.--(BUSINESS WIRE)--Payward, the parent company of Kraken, today announced that it intends to deploy onchain perpetual futures markets for US clients, starting with Hyperliquid HIP-3* markets, the protocol’s first builder-deployed permissioned perpetual markets. Payward has run open financial rails since 2011 for clients in more than 190 countries and territories. As of June 30, 2026, it held 6.6 million funded accounts, and its Proof of Reserves, reviewed by an independent third-p...

Kraken Clients Can Now Earn Onchain Yield on xStocks

ST HELIER, Jersey--(BUSINESS WIRE)--Kraken, one of the world's longest-standing, most liquid and secure digital asset platforms, today launched a new product that enables clients to earn additional yield on select tokenized stocks and ETFs from newly launched vaults. Beginning today, clients can allocate SPYx, QQQx and NVDAx to xStocks vaults via both the Kraken and Kraken Pro interfaces, which earn yield from onchain lending protocols. Yield is paid in-kind and accrues continuously, so clients...

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...
Back to Newsroom