Leah Wald, former CEO of Valkyrie Investments, has been tapped to lead publicly traded crypto investment firm Cypherpunk Holdings, the firm announced Tuesday.
As the former CEO of Valkyrie, Wald helped launch several novel investment products — including the first-ever Nasdaq-listed bitcoin futures exchange-traded funds. CoinShares International exercised an option to acquire Valkyrie in January, taking over the firm’s $530 million in assets under management.
Previous Cypherpunk CEO Antanas Guoga, who praised Wald’s ability to “push the boundaries of what’s possible in blockchain investing,” will serve as chairman, according to a press release. Wald said it was too early to say whether Cypherpunk will pursue its own ETF strategy. The firm was founded in 2018 and was one of the first to put bitcoin on its balance sheet.
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