Ex-CLO Joins Kraken
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Former Chief Legal Officer and President of a cryptocurrency wallet provider Marco Santori has joined crypto exchange Kraken. Allows Users to Borrow USD with Crypto

According to an official blog announcement, Santori will reportedly be responsible for contacting with regulators, financial institutions, payment service providers, broker-dealers and etc. Santori will serve as Kraken's top in-house lawyer.

"Internally, I aim to create an environment of ability and success for all things legal – from product innovation to business partnerships and corporate governance," Santori said.

Santori earlier served as a law Partner at both Cooley LLP and Pillsbury Winthrop and as an advisor to the International Monetary Fund, the Blockchain Ambassador to the State of Delaware.

Previously, Kraken Intelligence, the research unit of the crypto trading platform, said in a report entitled "Inheriting USDs & Acquiring BTCs: How ‘The Great Wealth Transfer’ Will Fuel ‘The Great Bitcoin Adoption’" that the price of the largest crypto by market cap bitcoin (EXANTE: Bitcoin) will rise significantly as a result of investments by Millennials and members of Generation X.

Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange.

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