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Fortune

Niamh Rowe

Goldman Sachs head of strategy Mintzberg to replace Sonnenshein as Grayscale CEO

Grayscale Michael Sonnenshein Goldman Sachs Barry Silbert Bitcoin Eric Balchunas GBTC BlackRock Invesco

(Credit: Ting Shen—Bloomberg/Getty Images)

The chief executive officer of the world’s largest cryptocurrency asset manager is stepping down. After 10 years at Grayscale, Michael Sonnenshein will be replaced by Peter Mintzberg, global head of strategy for asset and wealth management at Goldman Sachs, according to a statement issued Monday morning.

Mintzberg has a two-decades-long career on Wall Street, with prior roles at the now-competing spot Bitcoin exchange-traded funds Invesco and BlackRock, in addition to Oppenheimer Funds. He will also join Grayscale’s board.

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