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New Kraken CEO Ripley seeks growth, not a clash of crypto titans

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Raul Perez

Although incoming Kraken CEO Dave Ripley acknowledges he has “big shoes to fill,” he laid out an ambitious strategy on how the company plans to navigate global regulations, the challenges it faces, and how it plans to target retail investors. Kraken has grown into a global digital currency exchange responsible for $16.25 billion. The most fundamental role that Kraken has played from the early days is being a bridge,” Ripley said in a wide-ranging interview with The Block. “Initially it was just a bridge to crypto generally. To buy and use bitcoin. But I think looking forward we want to extend that bridge to many other areas of crypto.