Grayscale Investments bolsters its team with industry veterans in key roles and reappoints founder Barry Silbert as board chairman. The company manages over $35 billion in assets across four crypto ETFs, including Bitcoin and Ether products. Grayscale faces competition from firms like BlackRock and Fidelity in the crypto ETF market.

Crypto firms like Kraken and Galaxy Digital are hiring traditional finance experts in preparation for broader mainstream adoption. Kraken appointed Gilles BianRosa and Marcus Hughes to key roles, while Galaxy Digital brought on Tony Paquette as CFO and secured a UK derivatives trading license. These moves align with the firms’ strategies to serve global institutional clients.

Read more at Cointelegraph: Grayscale brings back Barry Silbert, adds Wall Street leaders