TechFlow news, according to Bloomberg, Fireblocks, a cryptocurrency custody platform provider, has laid off fewer than 3% of its staff, affecting 21 employees.
In a statement, Fireblocks said: "Over the past six months, Fireblocks has been focused on reorganizing its market and customer support operations and preparing for expansion into new regions. Less than 3% of the team was impacted by this reorganization, and all affected employees have received severance packages."
Fireblocks has around 680 employees globally and has raised approximately $1.2 billion from investors including Sequoia Capital and Coatue Management.




