Michael Sonnenshein, the erstwhile CEO of Grayscale Investments, has joined Aptos Labs arsenic an advisor alongside OpenAI's main merchandise officer, Kevin Weil.
Aptos Labs, the developer of layer-1 blockchain Aptos, said successful an email it volition harness Sonnenshein's cognition to bring much accepted fiscal institutions to the network.
Weil, who is besides a erstwhile vice president of merchandise astatine Facebook proprietor Meta (META), volition counsel Aptos Labs connected AI strategies for blockchain applications.
Sonnenshein stepped down arsenic Grayscale's CEO successful May aft 10 years with the company, during which the integer plus absorption institution grew its flagship Bitcoin Trust (GBTC) into the pre-eminent BTC concern vehicle, which subsequently became 1 of the archetypal U.S.-listed bitcoin exchange-traded funds (ETFs).
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