Cryptocurrency asset management company Valkyrie has laid off 30% of its staff

ChainCatcher news, according to Bloomberg, digital asset management firm Valkyrie Investments has laid off about 30% of its 23 employees. Valkyrie CEO Leah Wald stated that the company's management team conducted a comprehensive assessment of asset growth so far this year and reviewed each employee's role and contribution, concluding that layoffs were necessary, but the cuts were limited to sales and marketing positions.

Previously reported, Valkyrie had liquidated the VBB ETF at the end of October, delisting it from Nasdaq. (Bloomberg)