Blockchain analytics firm Nansen is cutting 30% of its staff, the company’s CEO Alex Svanevik announced via Twitter on Tuesday.
Svanevik said that the decision to reduce the company’s cost base, which is “too high relative to where the company is today”, was based on the fact that Nansen had scaled too fast in recent years, and also blamed “brutal” conditions in crypto markets.
Nansen was founded in 2020 and, according to LinkedIn, employs between 50 and 200 people….
Read More: Blockchain Analytics Firm Nansen Cuts 30% of Staff Amid Market Slump