NYDIG, which provides Bitcoin (BTC) investment services to institutional-grade clients, laid off about a third of its employees in September.
Wall Street Journal (WSJ) According to a report released by NYDIG on Thursday, by the end of September, about a third of its staff fired from. The company recently CEO Robert Gutmann and the President Yan ZhaoWith the resignation of , there was a serious change in the management staff. According to the news, NYDIG will be fully completed on September 22. laid off 110 people. The said personnel-based deduction to reduce costs said to have been made.
On the one hand, NYDIG, which has laid off its personnel under the name of economic contraction, on the other hand, continues to make statements that contradict itself, claiming that its balance sheet is very strong. Founder and Chairman of NYDIG Ross Stevens, company’s revenues in the second quarter increased by 130% and said it expects further increases in the third quarter.
According to U.S. Securities and Exchange Commission (SEC) documents that came to light in early October, the company recently launched an institutional digital asset fund. 720 million dollars had been collected.