Joel Krueger: A Clarification

On Oct. 27, 2022, CoinDesk published an article titled "Embattled Crypto Platform Freeway's 'Billion-Dollar Man' Isn't the Insurance Titan He Claims to Be." Following information received after publication in relation to Krueger's roles at Aon and Prudential, CoinDesk would like to clarify that he was entitled to represent himself as global chief investment officer for insurance at Aon while a consultant there, and as regional investment officer while he was employed at Prudential Services Singapore Pte Ltd. We are happy to correct the record, confirm that he had not misrepresented his job titles or tenure and have retracted the article accordingly.
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The deal gives Payward control of a fully licensed U.S. crypto derivatives stack, accelerating its expansion in regulated markets.
What to know:
- Payward agreed to acquire Bitnomial for up to $550 million in cash and stock.
- The deal brings three licenses under Kraken's roof: a brokerage, a clearinghouse and an exchange.
- The acquisition will expand Payward’s U.S. derivatives push across Kraken, NinjaTrader and B2B infrastructure.











