Barry Silbert has resigned as chairman of Grayscale Investments, the Stamford-based digital currency asset manager.
Silbert is founder and CEO of Grayscale’s parent’s company Digital Currency Group (DCG), also based in Stamford. Mark Shifke, DCG’s chief financial officer, will replace Silbert as chairman.
Silbert’s resignation was reported by Bloomberg, which also reported DCG President Mark Murphy resigned from the Grayscale board. No reason was provided for the board shake-up, which was announced in a filing with the U.S. Securities and Exchange Commission.
The resignations of Silbert and Murphy from the Grayscale board and the appointment of Shifke will go into effect on Jan. 1.