Bitcoin
$ 10,125
Ethereum
$ 275.81
Litecoin
$ 76.59
Monero
$ 84.91

Galaxy Digital shaves 15% of global staff – report


Crypto investment bank Galaxy Digital has shaved 15% of its global workforce, according to a CoinDesk report

Led by former Fortress Investment Group trader Michael Novogratz, the firm has struggled to turn a profit since its founding. CoinDesk reported the cuts were part of “standard year-end activity.” 

13 people were laid off as part of the cuts, leaving a staff of around 80. Publicly listed, the company’s stock is up 27% since the beginning of the year — lagging behind the performance of the spot cryptocurrency market. 

The company’s operations spans trading, asset management, and advisory businesses. 



Republished from: Original Source

Related Posts

Leave a Reply

avatar
  Subscribe  
Notify of