Grayscale Investments has expanded its executive team and board as part of its “next phase of growth” and added four financial veterans to key leadership positions and reappointed founder Barry Silbert as chairman of the board.
The expanded leadership team includes Diana Zhang as COO, Ramona Boston as COM, Andrea Williams as COUNTRY, and Maxwell Rosenthal as Chief Human Resources Officer.
The newly appointed executives come from traditional financial companies such as Bridgewater, Apollo, Goldman Sachs and Castle.
Grayscale’s founder returns to serve as chairman of the board
Founded in 2013 by Barry Silbert, Grayscale is one of the longest crypto investment firms in the industry. It passes Grayscale Bitcoin Trust (GBTC)the company began trading publicly in the OTC market in 2015.
It manages $35 billion in assets of four crypto ETFsincluding newly converted live Bitcoin (BTC) and ether (ethereth) product.
Silbert’s return as chairman of the board came as Grayscale’s more active positioning of traditional financial giants in the crypto ETF race.
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Although Gray Crane launched the first batch of Bitcoin investment tools in the United States, it is now facing such BlackRock and Loyaltyits low-priced Bitcoin ETF quickly gained market share.
“When I founded Grayscale in 2013, we saw a huge opportunity to pioneer a new model for accessing and investing in digital assets,” Silbert said. “Today, I continue to have a deep belief in the company’s long-term positioning and leadership team guiding it forward.”
Currently, Grayscale’s spot Bitcoin ETF (GBTC) brings more revenue than any other Bitcoin ETF, with revenue of $268.5 million a year, thanks in large part to its 1.5% fee, which is the highest six times that of BlackRock’s IBET IBER IBER IBER IBER IBER IBER IBER IBER IBER IBER IBER IBER IBER IBER IBER IBER IBER ITALY, or FIDELITY’s FBTC.
Although its market share has dropped to about 5% of the U.S. spot bitcoin ETF market, higher fees mean it still outperforms its competitors’ revenue even in its competitors’ revenue. Over $21 billion outflow.
Crypto companies turn to Wall Street talent
Several cryptocurrency companies are ready for broader mainstream adoption in the U.S., driven by a wave of legislation and growing regulatory clarity in the U.S., which they are preparing for broader mainstream adoption.
In 2024, Cleken Support its leadership through hiring of traditional finance. Gilles Bianrosa, former chief product officer of Neobank N26, became Chief Operating and Product Officer. Marcus Hughes, who has experience at Morgan Stanley and Coinbase, was appointed head of global regulatory strategy.
Galaxy Digital also leverages traditional financial talent to support its institutional expansion. In the second half of 2024, it hired Tony Paquette, former chief financial officer of hedge fund Point72 and former executives at JPMORGAN CFO.
The company also received a UK derivatives deal license In early 2025, the London business was expanded in aligned with its strategy to serve institutional clients around the world.
