Stephanie Lemmerman Appointed as CFO of Kraken

CHEYENNE, Wyo.–(BUSINESS WIRE)–Kraken, one of the longest-standing and most secure crypto platforms, today announced that Stephanie Lemmerman has been appointed as CFO.

Kraken, one of the oldest and most secure crypto platforms, announced today that Stephanie Lemmerman has been appointed Chief Financial Officer. As the newly appointed Chief Financial Officer, Stephanie will lead a company with over $1 billion in net revenue.

Stephanie has extensive financial leadership experience from her previous role as CFO at Dapper Labs, a leading blockchain and NFT company. Stephanie will maintain a connection with Dapper Labs as she takes a position on the board of directors. Prior to her role at Dapper Labs, she was Chief Financial Officer at Recharge Payments and Executive Vice President of Finance at Headspace. She spent 7 years at Activision Blizzard in roles that included overseeing global teams in Corporate Planning and Accounting.

Arjun Sethi, Co-CEO of Kraken, said: “Stephanie has a deep understanding of fintech, gaming and consumer cryptocurrencies at scale. She is one of the best financial and operational thinkers I have come across in a long time. As we continue on our growth path, I look forward to partnering with her to build more bridges to the world of crypto rails and between traditional finance and decentralized financial technology.”

Dave Ripley, co-CEO of Kraken, added: “Stephanie's joining is part of our commitment to chart a path to one day become a public company. She has a powerful combination of financial leadership and a deep understanding of finance functions, both of which will be critical to our future plans.”

"I recognize that the Kraken is at a key turning point in its history," said Lemmerman. “There is just such an incredible opportunity given where the crypto industry is right now. I truly believe in Kraken's mission of financial freedom and inclusion, and I couldn't be more excited to join the team and help write our next chapter.”

Current CFO Kerry Dolan announced her intention to step down earlier this year, and she will continue to support Kraken during the transition.

About Kraken

Kraken is one of the oldest and most secure crypto platforms in the world. Our mission is to accelerate the global adoption of cryptocurrencies so that everyone can achieve financial freedom and inclusion. Globally, Kraken clients trade over 300 digital assets and 6 different national currencies, including GBP, EUR, USD, CAD, CHF and AUD.

Founded in 2011, Kraken was among the first to offer spot margin trading, parachain auctions, staking, regulated derivatives and index services under one roof. Trusted by millions of individuals, traders and institutions around the world, Kraken offers 24/7 professional customer support along with one of the fastest and most efficient trading platforms. Kraken set the industry standard for transparency and customer trust and was the first crypto platform to conduct Proof of Reserves.

In 2024, Kraken ranked 14th on Newsweek's Global Top 100 Most Loved Workplaces list. The only crypto company to make the list two years in a row, this shows how the platform offers one of the most attractive employment opportunities in the world.

Kraken markets can be monitored and traded via the web or via the Kraken and Kraken Pro apps. For more information about Kraken, please visit www.

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