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.
bullishbullishbullish1bearishbearishbearishМедвежийЛайкПоделиться
Заявление об освобождении от ответственностиМатериалы выше не представляют собой позицию HTX.HTX не дает никаких торговых рекомендаций.

Статьи по теме

  • Image

    Iran’s $1 toll could cost ships 281 Bitcoin each through Strait of Hormuz

  • Image

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

  • Image

    Which tokens could FTX dump on the market?

Все комментарии0НовыеВ тренде

avatar
НовыеВ тренде

Статьи по теме

  • Image

    Iran’s $1 toll could cost ships 281 Bitcoin each through Strait of Hormuz

  • Image

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

  • Image

    Which tokens could FTX dump on the market?