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BitGo Cuts 15% of Staff to Focus on Stablecoins and AI

2026-06-26 07:43:31

Abstract generation in progress

BitGo is cutting nearly 15% of its workforce as the custodian shifts focus toward security, trading, stablecoins, settlement, and AI-powered infrastructure. CEO Mike Belshe described the cuts as a one-time action with no further reductions planned. BitGo priced its public market debut at $18 a share in January.

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