Michael Sonnenshein’s background
Michael Sonnenshein is a seasoned professional in the financial services industry. He has a wealth of experience in investment management and has been an avid advocate for cryptocurrencies for many years. He is a frequent speaker at industry events and has made numerous appearances in the media, discussing the future of crypto and its potential impact on the global financial system.
Michael Sonnenshein’s Career Journey in the Crypto Industry
Michael Sonnenshein first got involved in the crypto industry in 2013, when he became an early advocate for cryptocurrencies and blockchain technology. In 2013, he joined SecondMarket, a financial services firm specializing in alternative investments, where he was responsible for business development and capital raising. After several years at SecondMarket which became Genesis in 2015, he joined Grayscale the same year as Director of Business Development, and eventually worked his way up to his current role as CEO in 2020.
Grayscale and its Impact on the Crypto Industry
Grayscale is one of the largest digital asset management firms in the world, managing billions of dollars worth of assets under its management. The firm offers a range of investment products, including single-asset trusts and diversified investment products, that allow institutional and accredited investors to gain exposure to the digital asset class. Under Michael Sonnenshein’s leadership, Grayscale has become a leading player in the crypto industry and has helped to bring more institutional investment into the space.
Sonnenshein’s Views on the Future of Crypto
Michael Sonnenshein is a strong believer in the long-term potential of cryptocurrencies and blockchain technology. He has stated that he believes that crypto is here to stay and that it will play an increasingly important role in the global financial system in the coming years. He has also been a vocal advocate for the need for greater regulation in the crypto industry, as a way to bring more institutional investment into the space and to protect retail investors.