Grayscale CEO Michael Sonnenschein stepped down
Michael Sonnenschein will step down as CEO of Grayscale Investments LLC.
Sonnenshein will be replaced by former Goldman Sachs executive Peter Mintzberg as of August 15, along with Barry Silbert, founder and CEO of Grayscale's parent company, Digital Currency Group (DCG).
Silbert wrote in a May 20 X post:
“As we position Greyscale for its next phase of growth, we are pleased to welcome Peter Mintzberg as CEO of Greyscale, effective August 15. Joining Goldman Sachs, Peter has 20+ years of experience at leading asset managers including BlackRock, Oppenheimer Funds and Invesco.
In the year Founded in 2013, Grayscale is one of the world's most prominent cryptocurrency asset management firms, managing over $50 billion worth of assets as of September 2021.
This is a developing story, and more information will be added as it becomes available.
