We’re happy to announce that Alex Mehrdad has been appointed the brand new Basic Supervisor of our Canadian operation and can spearhead the following part of our operational progress throughout Canada. The information follows an necessary yr of hyper-growth for our Canadian enterprise underneath Mark Greenberg’s stewardship, which resulted in Mark’s promotion to guide a model new division in Kraken’s international enterprise.
Over the previous yr, Greenberg has efficiently doubled the dimensions of our Canadian enterprise whereas we navigate the pre-registration enterprise (PRU) course of. He has constructively collaborated with regulators to advocate for applicable buyer protections whereas enabling Canadians to entry modern crypto services and products. He has since been promoted internally to ascertain a newly created Asset Development & Administration workforce, which aids our international shopper base in maximizing alternatives to construct their wealth by way of an in depth vary of crypto services and products.
Throughout this era of sustained progress, Mehrdad has been a key pillar of our Canadian workforce. He leveraged a background in administration consultancy and experience in constructing and scaling fintech startups to encourage the strategic imaginative and prescient of our native enterprise, doubling our Canadian month-to-month transacting customers because the begin of the yr.
“I’m excited to guide this important subsequent part of our Canadian growth story. We’ve established a compelling providing for our native shoppers and at the moment are one of many largest crypto employers with over 250 Krakenites spanning throughout Canada,” stated Mehrdad. “I’m dedicated to making sure Kraken stays a family identify within the native crypto ecosystem, and to lowering the limitations that also maintain some Canadians again from attaining monetary freedom by way of cryptoassets.”
Greenberg added: “I’m pleased with our efforts to quickly scale in Canada throughout such a brief interval, and the way that has translated into extra Canadians utilizing crypto. My focus stays on progress, however particularly how all our shoppers can develop crypto portfolios to benefit from modern alternatives on this asset class. Alex has been a linchpin of our workforce for a number of years, and has earned the chance to take Kraken to the following stage in Canada.”
Mehrdad takes the reins as we put together for an additional interval of speedy progress in Canadian crypto. Since signing our PRU final yr, our native workforce has been laser-focused on enhancing our product providing for shoppers and persevering with to construct out our strong compliance measures. We’re now in a stronger place to unlock institutional demand in Canada for top-quality crypto merchandise.
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