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Benzinga
Benzinga
Business
Murtuza Merchant

Kraken CEO Jesse Powell Steps Down, Will Stay On As Board Chairman

Jesse Powell Kraken Crypto Cryptocurrency United States Dave Ripley

The outspoken co-founder and CEO of the Kraken cryptocurrency exchange, Jesse Powell, on Wednesday said he was resigning as CEO of the company to focus more on the company's products and broader industry advocacy.

The 42-year cryptocurrency advocate will take over as chairman of the board once COO Dave Ripley succeeds him.

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