Jesse Powell

Jesse Powell

CEO and Founder of Kraken Exchange

Who Is Jesse Powell?

Jesse Powell is the Co-Founder & CEO of Kraken. He was a college dropout from Cal State Sacramento and founded Verge Center for the Arts — which is now Sacramento’s largest commercial fine art gallery. He was also the founder of Lewt, Inc., which made money primarily by buying and selling items related to the video game franchise Diablo. He also keeps a (infrequently updated) personal blog where he mostly posts about bitcoin and his love for video games. Powell is also known for rejecting the New York State’s BitLicense framework and moving Kraken to California.

Quote:

In Jun 2020: “We have seen a massive influx of new accounts from hedge funds, wealth managers, retail investors and day traders. We have seen people taking their stimulus checks and rolling them into Bitcoin." “Everyone is signing up for it [Bitcoin]. I think we all know a lot of people have a lot of free time at home these days. People are taking stimulus checks and rolling it into Bitcoin or the stock market so there has been a massive new number of sign ups, I think people are very worried about the traditional markets, and what’s happening with the U.S. dollar and they’re looking for a safe haven asset.” (As reported by Cointelegraph)

Picture source: CoinDesk

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