Kraken: The Crypto Native's Powerhouse Exchange | Dave Ripley Empire

In this episode, Jason is joined by Dave Ripley, CEO of Kraken. They discuss the challenges and opportunities of operating a major crypto exchange over the past year. Dave dives into Kraken's focus on professional traders, their expansion into retail markets, and the importance of building a bridge between traditional finance and the crypto ecosystem. Dave also shares insights on navigating market cycles as a crypto business, the value of hiring crypto-native talent, and his thoughts on the future of centralized exchanges as more activity moves on-chain.
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Get started at:
portal.arbitrum.io 
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Timestamps:
0:00 Introduction
02:18 Dave's Kraken Origin Story
11:07 Kraken User Strategy
23:12 Kraken's 5 Year Business Model
32:02 Arbitrum Ad
32:49 Aura Ad
33:38 Marinade Ad
34:42 Skale Ad
35:59 Regulatory Concerns of L2s
43:40 24/7 NYSE
51:30 Operating in Market Cycles
58:28 Best People to Hire
01:02:01 This Cycle's Expectation

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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.t