Leadership & strategy

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Arjun Sethi, Kraken Co-CEO stated that the company spent over a decade building a global cross-border money transfer system through money transmitter licenses across all relevant jurisdictions, enabling Krak to operate without relying on traditional financial infrastructure
Mark Greenberg, Kraken’s Global Head of Consumer Product stated that Krak was launched to challenge conventional payment and savings systems by addressing the slowness and rigidity of traditional banking through a faster, more accessible and crypto-powered alternative
Arjun Sethi, Kraken Co-CEO stated that Krak is built on permissionless blockchain infrastructure, enabling real-time global settlement, lower fees, and greater access by removing intermediaries and unifying crypto and fiat transactions

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