BitGo Cuts Nearly 15% of Workforce, Refocuses on Core Operations Including Stablecoins and AI Infrastructure

According to CEO Mike Belshe on June 26, BitGo laid off nearly 15% of its workforce to sharpen focus on core business areas: security, trading, stablecoins, settlement, and AI-driven infrastructure. The company described the cut as a one-time adjustment to maintain competitiveness as the crypto ecosystem evolves.
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