Crypto Exchange Kraken Sees Handful of Senior Execs Depart: Source

Kraken, the cryptocurrency exchange preparing for a potential public listing in the U.S. early next year, has seen the departure of four senior executives from the institutional side of the business, according to a person familiar with the matter.

Those who have recently left Kraken are: David Olsson, global head of institutional sales; Shannon Kurtas, head of exchanges and a VP of product and the Pro service; Jeff K, a director of OTC trading and Sanjay K, OTC trading lead for Americas, the person said, who declined to be identified.

Kraken declined to comment on the departures, none of whom immediately responded to requests for comment.

Kraken was reported to have trimmed “hundreds” of jobs ahead of a U.S. listing planned for the first…

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