Galaxy Digital fired about 15% of its staff. The famous billionaire's crypto-bank Michael Novogratz retains all of its commercial services, however.
Galaxy Digital fired 13 people, or almost 15% of its workforce, according to sources close to the file cited by Coindesk. The layoffs took place last month in several divisions of the company.
Nearly 80 people are currently on the team and Galaxy is recruiting for vacancies, "added one of the sources, describing the process as" standard end-of-year activity ".
The reduction of personnel took place just before the Bitcoin (BTC) price again reaches $ 10,000.
Founded in 2018 in New York, Galaxy Digital offers management, advisory and investment services for digital assets. The merchant bank also supports a myriad of blockchain and cryptocurrency startups like BitGo, BlockFI, symbiont, Spring Labs or Flipside Crypto. Recently, she announced the launch of 2 new Bitcoin funds dedicated to institutional investors.
In early February, the Ethereum studio ConsenSys meanwhile, reduced its workforce by 14%.
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