David Kinitsky Joins Everstake as CEO to Drive Institutional Growth, Investment and Global Expansion
The post David Kinitsky Joins Everstake as CEO to Drive Institutional Growth, Investment and Global Expansion appeared on BitcoinEthereumNews.com.
[PRESS RELEASE – Miami, FL, June 12th, 2025] Everstake, a leading global non-custodial staking provider serving both retail and institutional clients, has announced the appointment of David Kinitsky as Chief Executive Officer. David Kinitsky succeeds Sergii Vasylchuk, who founded Everstake in 2018 and will now transition to the role of its President. This leadership change marks a strategic milestone as Everstake accelerates its expansion into institutional and broader global markets. David Kinitsky brings deep experience in crypto and financial innovation, having held leadership roles at several of the industry’s most influential companies. He was the founding General Manager of Grayscale Investments, now one of the world’s largest digital asset managers, and previously led operations for SecondMarket, the private market platform later acquired by NASDAQ. He also held executive roles at Fidelity Investments, Circle, and Kraken, where he served as CEO of Kraken Financial Bank, the first crypto firm to receive a U.S. banking charter. These roles underscore his deep familiarity with building innovative businesses and investment products, while navigating emerging regulatory frameworks in both traditional finance and digital asset markets. “David brings a rare combination of creativity, deep institutional experience, and a strong values-first mindset. We spent a long time searching for someone who not only shares the core of the blockchain industry but also knows how to navigate regulated environments at scale,” said Sergii Vasylchuk. “Everstake was built in ‘cockroach mode’—under the pressure of regulatory uncertainty, in a world full of skepticism about Web3, and without a dollar of outside funding. I took it from zero to one. Now, as institutional adoption grows and the rules of the game become clearer, I’m proud to hand this company over to a true professional who shares our ethos and has the experience to take Everstake from one to one hundred.” “With…
Filed under: News - @ June 13, 2025 6:28 am