Grayscale CFO Edward McGee Steps Down After Seven Years

CoinFeed July 10 news, according to CoinDesk, Grayscale CFO Edward McGee resigned after seven years for personal reasons, effective July 2. The company appointed Kathryn Masci and Daniel Plourde as interim co-CFOs, with Masci also serving as Chief Financial and Accounting Officer and joining the board. This is Grayscale's second executive departure recently — last fall, Head of Distribution and Partnerships John Hoffman left and joined Ondo Finance last month. The departure comes as Grayscale pauses its IPO plans; after secretly filing for IPO last November, Grayscale has paused its listing plan, unlikely to restart before Q4.