BitGo Joins Crypto's AI Layoff Wave, Slashing Staff by 15%

BitGo has joined the growing ranks of crypto firms slashing staff numbers as part of a pivot to AI.

Today I'm sharing a hard decision: we are reducing our workforce by nearly 15%.

I want to be straight with you about why. The ecosystem has evolved, and the way we build financial services has changed dramatically. To keep winning for our clients, we need to be sharper, more…

"The ecosystem has evolved, and the way we build financial services has changed dramatically.," Belshe wrote, announcing that BitGo would focus its efforts on “security, trading, stablecoins, settlement, and AI-powered infrastructure.”