Grayscale Appoints Diana Zhang as New COO to Drive Growth

Grayscale Investments, a leading digital-asset management firm, has announced the appointment of Diana Zhang as its new Chief Operating Officer (COO), effective May 6. Zhang, who previously served as the Chief Operating Officer at BlockTower Capital, an investment firm focused on digital assets, will succeed Hugh Ross, who has held the position since 2021. In her new role, Zhang will report directly to Grayscale's CEO, Peter Mintzberg. This leadership change is aimed at supporting Grayscale's continued growth and maintaining its position as an industry leader.

Zhang brings a wealth of experience in asset management to her new role. Her appointment is seen as a strategic move by Grayscale to enhance its operational efficiency and drive innovation in the digital-asset space. The firm's decision to appoint a seasoned executive like Zhang underscores its commitment to strengthening its leadership team and positioning itself for future growth. Prior to joining Grayscale, Zhang served as the Chief Operating Officer at BlockTower Capital for two years. She also held multiple executive roles at asset management firm Bridgewater Associates, with a work history spanning 16 years.

The transition of leadership at Grayscale comes at a time when the digital-asset industry is evolving rapidly. With Zhang at the helm of operations, Grayscale is poised to navigate the complexities of the market and capitalize on emerging opportunities. Her expertise and strategic vision will be instrumental in driving the firm's initiatives and ensuring its continued success in the competitive landscape of digital-asset management. Zhang will be responsible for establishing more partnerships with the company's clients and helping to grow the Grayscale Investments brand.