Crypto platform Kraken has announced two new appointments which it says will help it navigate the global regulatory environment.
Gilles BianRosa will lead strategy, global business operations and product and design as the firm’s new chief operating and product officer.
BianRosa joins Kraken from European neobank N26 where he was chief product officer. At the company he worked on implementing the global product strategy and launched crypto trading in the bank’s core markets. He has also held roles at SoundCloud and led Samsung Electronics’ content and services division.
Kraken has also appointed Marcus Hughes as global head of regulatory strategy. In his new role, he will lead a team of legal regulatory experts and work with the government affairs team to ensure all of Kraken’s products are compliant with regulations around the world.
Hughes was previously managing director of Coinbase’s European business and general counsel for its international operations. He also spent almost a decade working in traditional finance at Morgan Stanley.
“As we get ready for the next phase of growth in crypto markets, we need to ensure we can quickly adapt to rapidly changing market trends while navigating an increasingly complex and divergent regulatory landscape,” said Kraken chief executive David Ripley. “We will be innovating, launching new products, entering new markets and continuously improving our offering – all while ensuring compliance with applicable regulatory requirements across the many markets we operate in.”
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