Crypto exchange Kraken fires CFO Stephanie Lemmerman as long-awaited IPO draws closer

Crypto exchange Kraken has dismissed its Chief Financial Officer, Stephanie Lemmerman, as the company gears up for its highly anticipated IPO in the U.S. Lemmerman, who joined Kraken from Dapper Labs in November 2024, has been reassigned to a strategic advisory role. Robert Moore, previously the Vice President of Business Expansion, has assumed the CFO position. This move comes after Kraken filed a confidential registration statement with U.S. regulators in November and raised $800 million at a $20 billion valuation.