Grayscale Expands Amid ‘Defining Moment' for Digital Assets
The move reflects the firm's evolution to a platform with more than $35 billion in assets under management across more than three dozen products, including crypto exchange-traded funds, according to the press release.
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'We've assembled a team that brings together a powerful combination of experience from the world's most respected financial institutions with forward-looking innovation in the digital asset space,' CEO Peter Mintzberg said in a statement included in the release. 'This blend of institutional rigor and entrepreneurial drive shapes every aspect of how we operate at Grayscale, enabling us to deliver clients innovative investment strategies with the operating integrity they expect from a trusted partner.'
Grayscale's Expansion
Including announcements that were already made this year, the firm is adding four executives to its management team, all of whom will report to Mintzberg. The additions include Diana Zhang, who was deputy to the co-CEO at Bridgewater Associates, as chief operating officer, and Ramona Boston, who joined from Apollo Global Management, as chief marketing officer. Andrea Williams joins the firm as chief communications officer, and Maxwell Rosenthal comes in as chief human resources officer.
Grayscale founder Barry Silbert, who also founded Digital Currency Group (DCG), will return as board chairman, replacing Mark Shifke, who will remain on the board. Grayscale is also considering expanding the board further to include independent directors, according to the news release.
The Firm's Impact and Trajectory
Grayscale has been a major player in getting crypto-related products to market. In addition to its $21.2 billion Grayscale Bitcoin Trust ETF (GBTC), the firm has two spot Ether trusts: the $4.2 billion Grayscale Ethereum Trust ETF (ETHE) and $2.5 billion Grayscale Ethereum Mini Trust (ETH).
In July, the Securities and Exchange Commission placed a stay on Grayscale Investment Trust's Digital Large Cap Fund (GLDC) conversion to an ETF, despite approving the fund, preventing the multi-asset crypto product from launching until further notice.
Silbert said via the press release he was honored to rejoin the board at a 'defining moment for both the company and the broader digital asset ecosystem.'
Grayscale declined to comment to etf.com on the expansion beyond the press release.Permalink | © Copyright 2025 etf.com. All rights reserved
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