(Bloomberg) — Kraken, the trading platform for cryptocurrencies and other digital assets, hired Carrie Dolan from Tradeshift as the new chief financial officer while it embarks on a hiring spree and seeks to bring in more retail and institutional clients.
Dolan has previously held positions at LendingClub Corp., Charles Schwab Corp. and Chevron Corp., among others. She helped manage Lending Club’s 2014 IPO, Kraken said in a statement.
“Cryptocurrency, and digital assets more broadly, will impact many industries in the future,” Dolan said in emailed comments. “I am excited to join Kraken given the role it plays in the market today and the profound impact it will have in the future.”
Cheyenne, Wyoming-based Kraken is looking to become a key hub for both retail and institutional investors, who can already trade more than 100 digital assets on the platform. Last year, it saw combined spot and future volumes grow to more than 400% of 2020 levels.
The company, which is backed by investors including Tribe Capital, SkyBridge and Hummingbird Ventures, was founded in 2011 and has more than 2,500 employees currently. It’s looking to double its workforce this year.
Crypto exchanges have seen tremendous growth since the pandemic broke out as investors veered toward at-home trading. Still, prices have been subdued this year, with Bitcoin, the largest digital asset by market value, hovering around $42,800 on Tuesday.
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