Crypto platform Kraken has appointed CJ Rinaldi from Blockchain.com as its chief compliance officer.
Rinaldi has three decades of experience in financial services. He was at Blockchain.com for little more than a year and prior to that held several roles at Deutsche Bank, including chief compliance officer for its swap dealer and US broker dealer.
He also served as head of business line anti-financial crimes compliance supporting its investment bank, where he led a global team tasked with mitigating financial crime risk, implementing procedures and controls through effective and efficient operational solutions.
Prior to Deutsche Bank, Rinaldi worked at UBS Investment Bank in multiple roles, including as global head of client infrastructure. He also served as senior counsel in the enforcement division of the US Securities and Exchange Commission.
“To accelerate the adoption of cryptocurrencies around the world, Kraken must continue to navigate an increasingly complex regulatory landscape,” said Kraken’s incoming CEO David Ripley.
“CJ’s impressive international career in both the private and public sectors positions us for continued success in meeting global compliance needs.”
Kraken, founded in 2011, is one of the world’s longest-standing digital asset platforms. Globally, Kraken clients trade more than 200 digital assets and eight national currencies.
The firm is backed by investors including Tribe Capital, SkyBridge, Hummingbird Ventures, Blockchain Capital and Digital Currency Group.
“Kraken’s commitment to security and transparency while building world class products and services makes it the gold standard in an industry that’s shaping the future of finance,” said Rinaldi. “It is trusted players like Kraken that will help ensure the crypto ecosystem operates within all regulatory frameworks.
“I am excited to grow Kraken’s data-driven approach to compliance, ensuring the protection of both the company and its clients.”