From Investing.com: 2024-05-20 09:05:13

Peter Mintzberg has been appointed as the new CEO of Grayscale Investments, the world’s largest crypto asset manager, effective August 15, 2024. Mintzberg will succeed Michael Sonnenshein, who led Grayscale to $30 billion in assets under management from $60 million. Mintzberg brings over 20 years of experience in asset management, previously working at Goldman Sachs and BlackRock.

Mintzberg expressed excitement to join Grayscale and lead the company during its next phase of growth in the crypto asset class. He has a proven track record in developing and leading growth strategies, making him a valuable addition to the pioneering team at Grayscale. Sonnenshein thanked Barry Silbert for the opportunity to lead Grayscale, noting the company’s growth into an industry titan.

Prior to joining Grayscale, Mintzberg held strategic roles at Goldman Sachs, BlackRock, and other leading firms in the financial industry. He has been recognized as a Latino leader in Finance and a David Rockefeller Fellow for his contributions to the field. Mintzberg holds a bachelor’s degree in engineering and an MBA from Harvard University, emphasizing his strong educational background and industry expertise.

Grayscale has been at the forefront of the crypto asset market, launching nineteen investment products to provide access to the asset class in a transparent manner. The company has also been proactive in engaging with policymakers and regulators to bring crypto assets into the regulatory framework. With Mintzberg’s leadership, the company aims to continue its growth and innovation in the evolving crypto landscape.

Read more at Investing.com: Grayscale Investments Announces CEO Transition , Peter Mintzberg Appointed GEO By Investing.com