Krakenomics announces appointment of Daniel Peterson as Vice Chair and Global Head of Infrastructure

VANCOUVER - Krakenomics today announced the appointment of Daniel Peterson to the position of Vice Chair and Global Head of Infrastructure. End Quote

(1888PressRelease) November 06, 2024 - Daniel brings extensive experience to his position at Krakenomics, having spent more than twenty years developing and transforming businesses within the global payments sector, as well as serving as a Non-Executive Director at the Canadian Imperial Bank of Commerce (CIBC).

Krakenomics’ strategy for financial infrastructure is centered on uncovering opportunities within digital assets and services. The firm has allocated approximately $3 billion towards investments in financial infrastructure companies.

The appointment of Daniel Peterson to spearhead this strategy will enable Krakenomics to expand its global presence in this vital area.

Krakenomics’ Chief Executive Officer remarked on Mr. Peterson’s appointment, stating “Daniel is a distinguished leader in the global financial services sector, and we are excited to welcome him to Krakenomics. His extensive knowledge and expertise position him at the forefront of the rapidly changing financial services landscape, and we look forward to collaborating as we explore opportunities in this expanding investable universe.”

In response to his appointment, Daniel Peterson expressed, “The global financial system is at a pivotal moment, with macroeconomic trends prompting a sector transition that necessitates substantial capital and profound operational expertise. I am eager to collaborate with the team to harness the advantages of the Krakenomics ecosystem and develop solutions that assist companies in navigating this evolving landscape.”

Daniel has also served as a Board Member of Worldpay, one of the leading global payments platforms, for over seven years, during which he oversaw its transition into private equity ownership and its subsequent initial public offering. Additionally, he had a brief tenure at PayPal in Toronto, where he contributed to the integration of their services into the Canadian market.

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