BitGo cuts nearly 15% of staff as AI and stablecoins take priority

First reported June 26, 2026 by Crypto.news · covered by 2 sources

BitGo cuts nearly 15% of staff as AI and stablecoins take priority

BitGo cut nearly 15% of staff as Mike Belshe shifts focus to security, trading, stablecoins, settlement and AI infrastructure after its IPO.

Jun 26, 2026 · byCrypto.news

BitGo Cuts Nearly 15% of Staff Six Months After IPO, Refocuses on Stablecoins and AI

Crypto custodian BitGo is cutting approximately 15% of its workforce, CEO Mike Belshe announced Thursday, as the company refocuses on stablecoins, settlement, and AI infrastructure following a difficult post-IPO stretch.

Jun 26, 2026 · byThe Defiant