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The customer accounts will be migrated onto Kraken from 2023, increasing the number of energy accounts contracted to be served via Kraken to over 20 million worldwide. [76] Kraken also has strategic partnerships with Hanwha Group and Tokyo Gas. [77] In August 2024, Kraken announced the appointment of its own CEO, Amir Orad. [78]
Kraken was co-founded in 2011 by Jesse Powell, an alumnus of California State University, Sacramento with Thanh Luu and Michael Gronager. [7] [8] Powell was a consultant for Mt. Gox in resolving a security issue, and began working on Kraken as a replacement anticipating its death; Gox would indeed collapse in 2014, failing security audits.
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