Kraken poaches Gemini’s head of UK to run its UK operations
Crypto exchange Kraken has poached Gemini’s former head of UK, Blair Halliday, to run its own UK operations, a key market for the exchange. Halliday will focus on expanding the exchange's reach in the region, according to a press release. Prior to Gemini, Halliday has held compliance roles at Circle, Intercontinental Exchange and JPMorgan.
Looking ahead, Kraken plans to make more hires across its legal, compliance and operations teams. It also wants to expand to providing a marketplace for trading NFTs. The UK is one of Kraken’s top markets by trading volume. Trading against the pound on crypto exchanges more broadly has also been buoyed in recent weeks, partly due to the collapse of the pound. This comes just weeks after Kraken CEO Jesse Powell stepped down.
