BitGo cuts 15% of staff to refocus on AI infrastructure and stablecoins

60-second summary

BitGo is cutting 15% of its staff to refocus on key areas such as security, trading, stablecoins, settlement, and AI-powered infrastructure, according to CEO. This strategic shift aims to enhance the company's core offerings, likely prioritizing stablecoin development and AI-driven solutions, which may lead to increased efficiency and competitiveness in the digital asset space.