Cryptocurrency exchange Kraken cuts redundant roles amid traditional finance push

From Yahoo Finance: 2025-04-17 15:16:00

Cryptocurrency exchange Kraken is restructuring its workforce, reducing some positions and consolidating teams. Last year, they cut 400 jobs after appointing a new co-CEO. The SEC dropped a lawsuit accusing Kraken of illegal operation, calling it a “politically motivated campaign.” Kraken is expanding, acquiring NinjaTrader and offering commission-free trading. The layoffs could be in the hundreds.



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