Crypto Exchange Kraken Hires Jeremy Welch As VP Of Productbr>
Cryptocurrency exchange Kraken has hired Jeremy Welch as the company’s vice president of product.
Founded in 2011, Kraken is one of the world’s largest and oldest crypto exchanges with the widest selection of digital assets and national currencies. Kraken is the first exchange to display its market data on the Bloomberg Terminal, pass a cryptographically verifiable proof-of-reserves audit, and one of the first to offer leveraged margin trading. Its investors include Blockchain Capital, Digital Currency Group, Hummingbird Ventures, Money Partners Group, and SBI Investment.
Welch co-founded Casa in 2016 but left the company earlier this year, citing a family health issue. In addition to his expertise as a crypto entrepreneur, Welch brings to Kraken a decade of experience leading product development at both startups and tech giants like Google.
As Kraken’s new VP of product, Welch will be tasked with making it easier than ever for clients to buy and sell crypto assets with Kraken. This will include launching strategic improvements across Kraken’s product suite and leading the charge on new features to improve our existing user experience.
“Using cryptocurrencies, and more broadly any kind of encryption or decentralized computing technology, is still too complicated,” Welch said. “When we started Casa, it was out of a personal need and also out of concern for friends and family. I knew people who were attacked, who lost funds, and I saw centralized services fail directly. We made it easy for anyone to manage their funds directly with the best possible security using a carefully designed multi-signature personal key system. Today, it’s super easy-to-setup and easy-to-use with simple apps and 24/7 client service. At Kraken, I plan to use the same approach to improve overall user experience, but at an even larger scale. Exchanges are getting more complicated, not less. Increased scale, new security risks, new fintech experiences, new regulatory frameworks and new layer 1 and layer 2 technology improvements are all converging at the same time.”