Frank Spietic, head of asset management at Coinsaras, has left the company, according to sources familiar with the case.
Spirri, an experienced executive in the Digital Asset Investment Space, played an important role in expanding the institutional product offerings of the coinsher and helping the firm’s position as one of the major digital asset managers of Europe.
Their departure marks a remarkable leadership change when the digital asset industry is growing rapidly and increasing institutional interest. Spiteri was with coinshares since 2020, serving as the Chief Revenue Officer before playing his most recent role.
Coinshares refused to confirm the departure. Spiri was also unavailable for the comment.
While the reason behind his exit remains unclear, this step comes because coinshares continue to navigate a unstable but mature market for crypto investment products.
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