Kraken, one of the largest bitcoin exchanges in the world has announced the appointment of Edward Stadum, a lawyer and fintech advisor with over five decades of legal experience and insight into international law.
Global Bitcoin exchange Kraken has hired Edward M. Stadum as its General Counsel. Stadum will provide opinion and specialist advice for the crypto-exchange’s expansion plans globally, with a focus on best business practices, corporate governance, finance, strategy, acquisitions, and finance.
Stadum leaves his post as US General Counsel to Fidor Bank, an innovative online direct bank in Germany that facilitates Kraken’s euro business. Stadum found potential in the digital currency market after being tasked to do a comprehensive external audit of Kraken.
In statements revealed by Finance Magnates , Stadum stated: After combing through every detail (with the audit), I grew more and more interested in the remarkable opportunities ahead for Kraken and for the digital currency market, so much that with Fidor’s consent, I left the bank to join the client full time. A former Air Force veteran, Stadum is also a graduate of Stanford and holds a joint degree from Harvard Law. His credentials along with his experience make him a necessary resource for a bitcoin exchange looking to diversify and expand globally.
Kraken CEO Jesse Powell stated: Edward Stadum’s 50 years’ worth of experience in banking, technology, law and venture capital will serve Kraken in key markets in North America, Europe and around the globe. To this end, Stadum saw potential in a growing industry, while Kraken benefits from his expertise. Kraken is already at the center of this growing industry and I look forward to helping Jesse and the team elevate a thriving startup into a lasting, professional trusted financial enterprise globally. In what is an extensive legal career, Stadum has previously practiced law […]
