The company Blockfolio announced plans to cut staff by 10% due to the difficult market situation, reports Chepicap.
The decision was made despite a successful round of funding for Series A last fall, in which startup raised $ 11.5 million from BitMEX, Huobi and other companies. Now the total number of employees of the company will be 37 people.
In addition, the company indefinitely postponed plans to launch an incubator for startups.
Earlier, similar solutions were made by ShapeShift, Bitmain and ConsenSys.