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TEXXR

Chronicles

The story behind the story

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Kraken CEO Jesse Powell plans to step down and Chief Operating Officer Dave Ripley will succeed him in the coming months; Powell will stay on as chairman

Jeff John Roberts / Fortune :

Fortune Jeff John Roberts

Discussion

  • @jespow Jesse Powell on x
    #JesPoS seemed like less work. @krakenfx is in excellent hands with @DavidLRipley. I'll continue to be highly engaged as Chairman. Big thanks to the team for trusting me, our investors for taking a chance, and all my industry peers on the front lines. 🙇🏼‍♂️ https://fortune.com/..…
  • @cz_binance @cz_binance on x
    Hats off to @jespow for building Kraken for 11 years, with many contributions to the industry. Like raising a kid, a founder has to let go sooner or later. All the best! 🫡 https://www.forbes.com/...
  • @cobie @cobie on x
    Jesse from kraken stepping down means theyre prepping for an IPO right? Probs need suits and someone less ‘outspoken’
  • @kmsmithdc Kristin Smith on x
    Congrats @jespow. Much deserved transition. I hope you'll keep your passion for public policy. Your leadership has surpassed the rest. https://twitter.com/...
  • @krakenfx @krakenfx on x
    📣 @jespow will remain on the board as chairman and stay active in product development and industry advocacy once the change takes place. 👇 https://www.wsj.com/...
  • @erikvoorhees Erik Voorhees on x
    @jespow has been an inspiration to many of us. His tenure leading @krakenfx one of the great success stories of our industry. I salute you ser 🫡 https://twitter.com/...
  • @jgarzik Ser Jeff Garzik on x
    Huge respect, warm thoughts and best wishes to @jespow and @DavidLRipley both. JP is a quiet legend for the crypto and Kraken storms he and Kraken weathered... with exchange reputation intact. Kraken has a good rep at his exit. Truly unique. End of an era, indeed. https://twitter…
  • @brian_armstrong Brian Armstrong on x
    Shout out to @jespow - incredible run as CEO and a true champion of crypto and freedom. Also one hell of a nice guy. Thank you for everything you've done! https://twitter.com/...
  • @jwverret @jwverret on x
    Jesse stood up for crypto privacy and crypto freedoms when it mattered and when it wasn't easy to do. We can all learn from that example. https://twitter.com/...
  • @johnalanwoods John Woods on x
    I hope the new CEO has Jesse's same pro privacy stance. https://twitter.com/...
  • @yoda Drew Olanoff on x
    every company has the moment where they have to ask themselves if they're “for real” or not. they weren't and have decided they'd like to be. https://twitter.com/...