What are the responsibilities and job description for the Equity Research Analyst position at Grayscale Investments?
Grayscale is the largest digital asset-focused investment platform in the world by AUM and offers the broadest selection of digital asset investment products in the U.S. based on number of products.
Our platform spans the full spectrum of institutional-grade solutions—from single-asset exposures to diversified and thematic strategies—with a goal of providing every investor with access to the hyper-expanding digital asset universe. Our firm offers a rare combination of decades of traditional finance work experience and digital asset leadership that brings an institutional mindset to the maturing digital asset industry. This convergence of capabilities positions us to deliver investment solutions and client experiences that are both institutionally robust and technologically advanced, which we believe offers a competitive edge that is difficult to replicate.
We’re proud of our deep crypto expertise and work closely with individual and institutional investors as they explore this asset class as part of their portfolio allocation.
Position Summary:
Grayscale Investments is seeking an Equity Research Analyst to join the Research team. The role sits at the intersection of traditional capital markets and digital finance, applying institutional analytical rigor, valuation discipline, and market insight to support investment strategy, product development, and client engagement.
The ideal candidate brings strong grounding in traditional equity research or investment banking, fluency in financial modeling and valuation frameworks, and an interest in exploring how evolving financial technologies and digital assets intersect with global markets.
Responsibilities:
- Develop and maintain comprehensive financial models, valuation analyses, and sector frameworks.
- Produce clear, data-driven research that informs investment theses and portfolio positioning.
- Evaluate company fundamentals, industry trends, and macro factors to identify value drivers and risks.
- Contribute to the development of research processes, tools, and standards for the broader team.
- Collaborate with product, strategy, and investment professionals to translate insights into actionable recommendations.
- Present findings and perspectives to senior stakeholders and clients.
- Monitor market developments and emerging themes across traditional and digital finance
Prior Experience/Requirements:
- Bachelor’s degree in Finance, Economics, Accounting, or related field.
- 4–6 years of experience in equity research, investment banking, or buy-side analytical roles.
- Demonstrated expertise in financial modeling, valuation, and corporate finance analysis.
- Proficiency with EDGAR, Bloomberg, FactSet, or Capital IQ; familiarity with on-chain analytics or blockchain data tools (Dune, Token Terminal, Artemis, etc.) a strong plus.
- Strong writing and presentation skills — able to translate complex financial or technical topics into clear, compelling narratives.
- Entrepreneurial and adaptable mindset; comfortable operating in a fast-evolving, high-ambiguity environment.
- Deep intellectual curiosity about crypto, blockchain technology, and the convergence of digital and traditional markets.
- Self-starter who thrives in collaborative, high-performance teams and wants to help build something new.
