Michael Sonnenshein Joins Securitize as COO

Michael Sonnenshein, former CEO of Grayscale Investments, has joined the web3 real-world assets firm Securitize as Chief Operating Officer as of December 9.

Sonnenshein will collaborate with Securitize CEO and Co-Founder Carlos Domingo to identify capital market inefficiencies and enhance investor engagement with tokenized products, as stated in a company release.

Domingo expressed optimism about Sonnenshein's leadership and experience, aiming to expand operations and empower investors in the realm of tokenized real-world assets.

Sonnenshein had a decade-long tenure at Grayscale, transitioning from account executive to CEO over three years. He left Grayscale in May to explore other opportunities, including joining the advisory board of Aptos Labs.

Securitize focuses on tokenizing real-world assets, having recently partnered with BlackRock to tokenize its USD Institutional Digital Liquidity Fund (BUIDL), which helped Securitize surpass $1 billion in tokenized assets on-chain by late October.