Venture Capital, Startups, and Web3 by Arjun Sethi

Arjun Sethi serves as co-Chief Executive Officer of Kraken, one of the longest-operating cryptocurrency exchanges in the U.S., and is co-founder of Tribe Capital. His appointment at Kraken in October 2024 followed the company’s decision to restructure its team, reducing headcount by 15 percent and initiating a product consolidation effort. Before Kraken, Sethi oversaw venture activity through Tribe Capital, which managed over USD 1.5 billion across three funds. His portfolio includes early positions in FTX US, Kraken, and LayerZero, and extends across 100+ technology startups.

In parallel, Sethi launched Termina, an institutional AI due diligence platform that raised USD 10 million in its seed round. In 2025, he voiced concern over inflated valuations of meme-coins and high-risk Layer 1 tokens, stating that Kraken would focus on fundamentals-led asset listings. Recent filings suggest Kraken is generating annual revenues between USD 1.2 billion and 1.6 billion, though the company has delayed its IPO plans citing unfavorable regulatory clarity in the U.S. Sethi’s strategy continues to combine data-led insights with cautious scaling, positioning Kraken as a conservative operator among global exchanges.

  • Daria Chernytska
  • 24.10.2026
Monero transaction emails were incorrect, Arjun Sethi reveals
Clients who purchased monero (XMR) with their own funds and withdrew it received an email asking for their employer, source of funds, and intended use of the coins. Arjun Sethi stated that these ...
  • Mykhailo Ihnatenko
  • 28.09.2026
Arjun Sethi: Agents and AI may protect against banks and government overreach
Arjun Sethi expresses a vision for a future in which agents, including self-directed AI, work on behalf of individuals to shield them from being taken advantage of by banks or governments ...