Former Goldman Sachs and Aave executive joins Grayscale to lead onchain products
Infrastructure
Grayscale Investments has officially launched an Onchain Asset Management division, appointing industry veteran Sebastian Pulido to lead the new unit. This strategic move aims to capture increasing institutional demand for tokenized assets and decentralized finance solutions. Pulido brings over 15 years of experience, having previously held roles at Aave Labs, JPMorgan’s Kinexys, and Goldman Sachs. His appointment signals Grayscale's intent to bridge the gap between traditional capital markets and blockchain-based investment strategies. By leveraging his background in both DeFi and Wall Street, the firm plans to develop long-term onchain products to complement its existing digital asset offerings. This expansion follows a period of growth for Grayscale, which has recently introduced staking-focused ETFs to its portfolio. The move highlights the broader industry trend of established financial firms formalizing their internal infrastructure to support the growing RWA ecosystem.
Key points
- ▸Sebastian Pulido appointed to lead Grayscale's new Onchain Asset Management division.
- ▸Pulido previously held leadership roles at Aave Labs, JPMorgan’s Kinexys, and Goldman Sachs.
- ▸The division aims to develop long-term onchain investment strategies for institutional clients.
- ▸Grayscale is expanding its product suite beyond traditional digital asset investment vehicles.
Background
Grayscale Investments is a prominent digital asset management firm known for its crypto-focused investment products, including various trusts and ETFs. The firm provides institutional and individual investors with exposure to digital assets through regulated financial vehicles, acting as a bridge between traditional finance and the crypto market.
Relevance
6.5/10