Cryptocurrency asset management firm Bitwise has laid off approximately 14% of its workforce, reducing the staff to 155 employees.

August 12th, Cryptocurrency asset management company Bitwise has laid off approximately 14% of its staff, reducing the workforce from around 180 people to 155 people. CEO Hunter Horsley stated that even after the layoffs, Bitwise's staff size remains the largest in its eight-year history, and he anticipates that the company will continue to grow as cryptocurrency becomes more integrated into the global economy.