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Joel Krueger: A Clarification

Updated May 9, 2023, 4:04 a.m. Published Dec 21, 2022, 1:00 p.m.
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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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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

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Cometh founder Jerome de Tychey is applying DeFi lending and borrowing on platforms like Aave, Morpho, and Uniswap to structures that help the ultra-wealthy secure loans against their massive crypto fortunes.

What to know:

  • Wealthy investors who hold much of their fortune in crypto are increasingly turning to decentralized finance platforms to secure flexible credit lines without selling their digital assets.
  • Firms like Cometh help family offices and other rich clients navigate complex DeFi tools, using assets such as bitcoin, ether and stablecoins to replicate traditional Lombard-style collateralized loans.
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