Crypto Exchange Kraken Set to Add Tribe’s Arjun Sethi as Co-CEO

Arjun Sethi, co-founder of venture firm Tribe Capital, is poised to be named co-chief executive officer of cryptocurrency exchange Kraken alongside Dave Ripley, according to a person with knowledge of the matter.

The appointment could be formalized within a week, though the timing could slip, the person said. Kraken didn’t immediately return requests for comment. The Information earlier reported Sethi’s potential appointment.

Kraken was founded in San Francisco in 2011 and has been expanding into new product areas and markets as it continues to mull a potential initial public offering. Earlier this year, Bloomberg reported the firm ...