According to ChainCatcher and reported by The Block, Grayscale Investments announced four executive appointments and welcomed back founder Barry Silbert as chairman of the board after submitting a confidential IPO application. The newly appointed executives include: Chief Operating Officer Diana Zhang, Chief Marketing Officer Ramona Boston, Chief Communications Officer Andrea Williams, and Chief Human Resources Officer Maxwell Rosenthal. All four executives will report to CEO Peter Mintzberg and come from traditional financial giants, including Bridgewater Associates, Apollo Global Management, Goldman Sachs, and Castle Investment.

Barry Silbert founded Grayscale in 2013 and resigned as chairman at the end of 2023. He will now replace Mark Shifke as chairman of the board, while Shifke will continue to serve on the board. The board currently has five members, and the company stated it is considering adding independent directors.

Barry Silbert stated: "I am honored to rejoin the board at a critical moment for the company and the broader digital asset ecosystem. I have always believed in the company's long-term positioning and the leadership team that is driving the company forward."