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BitGo Cuts Nearly 15% of Staff Six Months After IPO, Refocuses on Stablecoins and AI

By thedefiant.io · · 1 min read
BitGo Cuts Nearly 15% of Staff Six Months After IPO, Refocuses on Stablecoins and AI

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.

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