Michael Sonnenshein has stepped down as chief executive of Grayscale Investments, after more than a decade helping to establish the US group as one of the world’s largest cryptocurrency asset managers.
He will be replaced by Peter Mintzberg, global head of strategy for asset and wealth management at Goldman Sachs, in August.
Sonnenshein joined Grayscale in 2014 to help build up its bitcoin investment trust and had been chief executive since 2021. He was leaving to “pursue other interests”, the group said in a statement.
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