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Kraken Sacks 15% Of Staff—A Strategic Pivot For Growth Or A Risky Gamble?

  • Cryptocurrency exchange Kraken plans to streamline operations and downsize its workforce by 15%.
  • The goal of the corporate restructuring is to make innovation the cornerstone of Kraken's operations.
  • The exchange will focus on product engineering and leverage data to benefit clients.
  • Kraken appoints a new co-CEO and aims to become more efficient and innovative.

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