Everstake Makes Power Move: Grayscale and Fidelity Veteran David Kinitsky Takes Helm as CEO
Staking giant Everstake just poached institutional crypto royalty—David Kinitsky, a heavyweight from Grayscale and Fidelity, is now steering the ship.
Why it matters: When traditional finance veterans defect to crypto-native firms, it''s not just a hiring win—it''s a flashing buy signal for the industry''s legitimacy.
The subtext: Kinitsky''s jump underscores what insiders have whispered for years—the real innovation isn''t happening on Wall Street''s legacy balance sheets, but in the trenches of blockchain infrastructure.
Bonus jab: Meanwhile, traditional asset managers are still trying to mint ''blockchain ETFs'' that somehow exclude actual cryptocurrencies—classic finance theater.