BitGo

BitGo said the workforce reduction is a one-time action and that no additional layoffs are currently expected. Digital asset infrastructure company BitGo is reducing its workforce by nearly 15% as it shifts its focus towards stablecoins, trading, security, settlement services, and AI-powered infrastructure. BitGo co-founder and CEO Mike Belshe said the company made the decision…

Crypto infrastructure company BitGo Holdings laid off about 15% of its staff on Thursday as its CEO pledged to focus the company on areas including trading, stablecoins and artificial intelligence-powered infrastructure. “Today I’m sharing a hard decision: we are reducing our workforce by nearly 15%,” BitGo co-founder and CEO Mike Belshe posted to X on…