BitGo Reduces Workforce by 15% Amid Strategic Shift Toward Stablecoins and AI

Digital asset custodian BitGo is cutting approximately 85 jobs, or 15% of its workforce, to refocus on higher-margin areas like stablecoins and AI-powered infrastructure. The move follows the company's January public listing and comes as it seeks to improve profitability after reporting a $14.8 million net loss in 2025.

By Lockridge Okoth Fri, June 26, 2026 at 2:05 AM GMT+3 2 min read · Yahoo Finance · June 25, 2026, 23:05 UTC

Tickers: $COIN

Topics: AI infrastructure crypto industry layoffs stablecoins

Read the full article at Yahoo Finance

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