PANews reported on October 25 that Tribe Capital co-founder Arjun Sethi is expected to be appointed co-CEO of cryptocurrency exchange Kraken, and will co-manage the company with current CEO Dave Ripley, according to The Information, citing people familiar with the matter. Sethi first invested in Kraken in 2019 and joined its board of directors in 2021. Sources revealed that even in his new position at Kraken, Sethi will continue to hold the position of chairman and chief investment officer of Tribe Capital.