In just 10 years, Sonnenshein transformed Grayscale into the world's largest crypto asset manager, with tens of billions of dollars in assets under management! He expanded and diversified Grayscale's offerings to over 20 funds and played a key role in getting SEC approval for U.S. spot bitcoin ETFs.
"Michael is a trailblazer whose strategic vision and ability to navigate complex regulatory landscapes have helped pave the way for establishing digital assets as a mainstream investment class," said Carlos Domingo, CEO and Co-founder of Securitize. "We are thrilled to benefit from his leadership, experience, and commercial acumen to scale our operations and empower investors to access the full potential of tokenised real-world assets."
"There is massive demand for tokenisation, and I am thrilled to join Securitize at such a pivotal moment for the company and the industry," said Sonnenshein. "Carlos and the exceptional team at Securitize have demonstrated incredible leadership in enabling the growth of tokenisation projects, and I am excited to join the team as we work together to address inefficiencies in capital markets and define how investors engage with tokenised products."
Securitize has been leading the way in blockchain-based financial innovation, with over $1 billion in tokenised real-world assets on the blockchain! The company has partnered with some of the top asset managers in the business, including BlackRock, Hamilton Lane, and KKR, to bring tokenised funds to market.