GSR US CEO Trey Griggs is no longer at Crypto-Trading Firm
- Crypto trading company GSR has lost its US CEO Ryan Griggs.
- Griggs was named CEO in February, according to an announcement on the GSR website.
- Crypto trading has grown among businesses on Wall Street with the launch of a bitcoin ETF this fall.
Just nine months after starting, GSR US CEO Trey Griggs is no longer with the crypto trading firm.
The company has removed his bio from the management page of its website, but does not have an alternate CEO listed. The trading company, which also makes venture capital investments in a range of different startups, said in a statement that Griggs left GSR “due to personal circumstances.”
“We are extremely grateful for the time he has spent helping us grow GSR’s business in the United States. Growing our presence in the United States remains a top priority as we continue to grow our business and our team around the world. We wish Trey all the best, ”the company said. bed.
Griggs did not respond to a request for comment.
GSR, based in London, has offices in Singapore, Hong Kong and the Swiss city of Zug, according to its website, and offers its clients its trading services as well as options and “exotic derivatives” that offer investors exposure to bitcoin and other cryptocurrencies through structured engineering products.
GSR has been around since 2013 and boasts on its website that its trading team has deep expertise in structured products and derivatives through their past careers at more traditional financial firms. Griggs was an executive at Goldman Sachs for 15 years with an MBA from Wharton.
At Goldman, he worked in the company’s J. Aron unit, which was a commodities trading arm the bank acquired in 1981. He worked alongside GSR founders Cristian Gil and Richard Rosenblum at Goldman , a press release on his hiring status.