Cointelegraph·
BitGo co-founder and CEO Mike Belshe says the layoffs are “a one-time action” and the company doesn’t see the need for further staff reductions.
Read full articleThe integration of crypto in the 2026 World Cup could revolutionize sports event management, influencing global crypto adoption and market dynamics. The post World Cup 2026 kicks off with crypto infrastructure baked into FIFA’s playbook appeared first on Crypto Briefing.
Mike Belshe, CEO of the company, stressed that these changes resulted from a pivot to security, trading, stablecoins, and AI-powered infrastructure. The move would affect nearly 90 employees, reducing Bitgo’s total headcount to nearly 520. Crypto Custody Company Bitgo Announces Layoffs Bitgo, a company that offers staking, trading, OTC services, financing, settlement, and provides custody […]
BitGo cuts nearly 15% of its workforce as the crypto custodian shifts focus to AI, stablecoins, trading, and settlement. Crypto custodian BitGo is reducing its workforce by nearly 15% as it narrows its business focus. The company said the decision follows changes in the digital asset market and financial services sector. BitGo said it will […] The post Crypto Custodian BitGo Cuts Jobs as It Bets on AI and Stablecoins appeared first on Live Bitcoin News.
Crypto custodian BitGo is cutting approximately 15% of its workforce, CEO Mike Belshe announced Thursday, as the company refocuses on stablecoins, settlement, and AI infrastructure following a difficult post-IPO stretch.
BitGo reportedly reduced its workforce by about 15% as the digital asset custodian shifts focus toward stablecoins, settlement and AI infrastructure.
The newly public crypto custodian is slashing nearly 15% of its workforce as it pivots to focus on stablecoins and AI infrastructure.
BitGo cut nearly 15% of staff as Mike Belshe shifts focus to security, trading, stablecoins, settlement and AI infrastructure after its IPO.
BitGo's strategic focus on security, trading, and AI could reshape industry standards, influencing broader crypto sector trends and innovations. The post BitGo cuts 15% of workforce, sharpens focus on security, trading, and AI infrastructure appeared first on Crypto Briefing.
