Wu learned that BitGo CEO Mike Belshe said the company will lay off nearly 15% of its staff. He stated that as the ecosystem and financial services construction methods change, BitGo needs to focus more on core areas such as security, trading, stablecoins, settlement, and AI-driven infrastructure. Affected employees have been directly notified by management and HR; Belshe said this layoff is a one-time action and currently no further layoffs are expected.

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