Bitcoin financial services firm Unchained Capital cutting staff, reshuffling management

11/19 00:51

Unchained Capital reduced its workforce by about 15% and moved its head of business development Parker Lewis to the board of directors as well as chief product officer Will Cole to a senior advisory role. In a blog post discussing the jobs cuts, co-founder and CEO Joe Kelly said on Friday that while Unchained has never had exposure to FTX, Alameda, or any other institutions which have lost client funds, "funding for bitcoin-backed loans has been materially constrained by recent market events." He noted that his company is seeing record numbers of new clients, bitcoin deposits and trading volumes, and the loan book currently has a 214% collateral-to-principal ratio.
bullishbullishbullish1bearishbearishbearishBajistaMe gustaCompartir
Descargo de responsabilidadEl contenido anterior no representa las posiciones de HTX.HTX no ofrece ninguna recomendación de trading.

Artículos relacionados

  • Image

    Recap: Here’s how Bitcoin, Ethereum, Solana, and XRP ETFs performed this week

  • Image

    FTT jumps 26% – Traders, watch THESE signals before $1.30 test

  • Image

    Which tokens could FTX dump on the market?

Todos los comentarios0Lo más recientePopular

avatar
Lo más recientePopular

Artículos relacionados

  • Image

    Recap: Here’s how Bitcoin, Ethereum, Solana, and XRP ETFs performed this week

  • Image

    FTT jumps 26% – Traders, watch THESE signals before $1.30 test

  • Image

    Which tokens could FTX dump on the market?