Michael Sonnenshein will be stepping down from his role as the CEO of Grayscale Investments LLC.
Sonnenshein will be replaced by former Goldman Sachs executive Peter Mintzberg as of Aug 15, according to Barry Silbert, the founder and CEO of Digital Currency Group (DCG), the parent company of Grayscale.
Silbert wrote in a May 20 X post:
“As we position Grayscale for its next phase of growth, excited to welcome Peter Mintzberg as Grayscale’s CEO, effective August 15. Joining from Goldman Sachs, Peter has 20+ years of experience across prominent asset managers, including BlackRock, OppenheimerFunds & Invesco.”
Founded in 2013, Grayscale is among the world’s most prominent cryptocurrency asset management firms, with over $50 billion worth of assets under management as of September 2021.
This is a developing story, and further information will be added as it becomes available.