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Finance

Digital Asset Manager Grayscale Expands Leadership Team With Trio of C-Suite Hires

The digital currency asset manager's new executives bring with them experience at firms such as Goldman Sachs, Bank of America and Ripple Labs.

By Jamie Crawley
AccessTimeIconFeb 16, 2021 at 4:00 p.m. UTC
Updated May 9, 2023 at 3:15 a.m. UTC
New York
New York

Grayscale Investments has expanded its senior leadership team with the announcement of three new C-suite hires.

  • The regulated digital asset manager, now with over $37 billion in assets under management, has appointed Hugh Ross as chief operating officer, Benjamin Melnicki as chief compliance officer and Angela Romano Kuo as chief people officer.
  • Ross and Melnicki bring with them experience at firms such as Goldman Sachs, Bank of America and Ripple Labs, while Kuo is a people veteran at companies like DevaCurl, VTS and FanDuel.
  • The appointments follow closely after the elevation of Michael Sonneshein, the firm's long-time managing director, to CEO.
  • New York-based Grayscale is owned by Digital Currency Group, the parent company of CoinDesk.
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    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.