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.

The Token2049 conference in Singapore featured Solana's Seeker phone launch, BitGo’s USDS stablecoin, and other major product announcements.

Concerns have been raised over WBTC custodian BitGo’s decision to partner with the Tron network and its founder.

BitGo has done a deal with Index Coop in a bid to offer institutional investors more offerings in DeFi.

BitGo is adding Avalanche's AVAX token to its platform.