Everstake Appoints David Kinitsky as New CEO to Drive Growth
Everstake has appointed David Kinitsky as CEO, replacing founder Sergii Vasylchuk, who will become president. This leadership change aims to enhance Everstake's presence in institutional and global markets.
Key points include:
- David Kinitsky has experience from Grayscale and Fidelity.
- The shift indicates a focus on institutional crypto strategies and staking as an investable asset.
- Kinitsky plans to reinvest in staking, scale operations for institutional demand, and explore new opportunities in infrastructure, data, and financial products.
- Everstake supports over 85 blockchain networks with more than 735,000 stakers and $6.5 billion in delegated assets.
Staking is increasingly recognized as essential within the cryptocurrency industry, especially with the anticipated regulatory clarity from U.S. authorities.