Sources say Kraken fired its CFO before IPO.

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On February 10, according to CoinDesk, two sources familiar with the matter revealed that Kraken fired its Chief Financial Officer (CFO) Stephanie Lemmerman as the cryptocurrency exchange prepares for its IPO in the United States earlier this year.

Lemmerman joined Kraken from Dapper Labs in November 2024 and served as the trading platform's CFO for one year and four months. A source familiar with the matter said she currently serves as a strategic advisor at Kraken.

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