Crypto CFO Steps Down as Grayscale Reorganises

Grayscale’s chief financial officer left the company after seven years in July, citing personal reasons. The move follows a recent exit of the head of distribution and partnerships to another token‑asset firm, showing a pattern of senior staff changes. In response, the company has appointed Kathryn Masci and Daniel Plourde as temporary co‑chief financial officers. Masci will also take on the role of principal financial and accounting officer and sit on the board, while Plourde will serve as assistant treasurer of the Grayscale Funds Trust.

Both new leaders bring experience from major financial institutions: Masci has a background in finance at Garrison Capital, Pzena Investment Management and Ernst & Young; Plourde previously worked for Gabelli Asset Management and State Street Global Advisors. These leadership shifts come at a time when Grayscale has paused its plans to go public. The firm had filed for an initial public offering last November, but market conditions have led it to hold off until at least the fourth quarter. Grayscale, founded in 2013 and owned by Digital Currency Group, has been a major link between traditional money markets and digital assets. Its flagship Bitcoin Trust was converted into an exchange‑traded fund in January 2025, and the company now manages about $8. 5 billion across several lower‑fee ETFs.

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