GIC-Backed Chainalysis Cuts Jobs in Latest Crypto Layoffs
- Layoffs affect less than 5% of the GIC-backed firm’s staff
- Teams will be built out under refocused strategy: spokesperson
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Chainalysis Inc., a company that specializes in tracking crypto transactions and the entities behind them, said it’s made layoffs affecting less than 5% of staff.
The company, whose backers include Singapore’s sovereign wealth fund GIC, has about 900 employees following the job cuts, a Chainalysis spokesperson said Wednesday.