OpenAI · Sam Altman · Bitcoin · Anthropic · CoinDesk
Bitcoin Suisse is set to cut up to half its Swiss jobs as it shifts work abroad
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Bitcoin Suisse, which has more than $3 billion in digital assets under custody, plans to cut up to 60 jobs in Switzerland, half its workforce in the country, as the crypto financial services firm moves more software development and back-office work overseas.
Key facts
- Tokenized equities lead RWA inflows as the market recovers; Binance's bStocks hit ~$118.5M in two months, now #2 issuer and ~90% of on-chain equity DEX volume
- Bitcoin Suisse, which has more than $3 billion in digital assets under custody, plans to cut up to 60 jobs in Switzerland, half its workforce in the country, as the crypto financial services firm
- The Zug-based company, which employs around 200 people globally, is also closing its IT development site in Copenhagen
- Founded in 2013, Bitcoin Suisse offers crypto trading, custody, staking and lending
Summary
Bitcoin Suisse is cutting up to 60 jobs in Switzerland (half its local workforce) to move development and back-office work overseas. The company is closing its Copenhagen IT site while maintaining Bratislava and opening a new hub in Vietnam to reduce costs. CEO Andrej Majcen states the restructuring supports international growth and expansion into wealth and asset management. The Zug-based company, which employs around 200 people globally, is also closing its IT development site in Copenhagen.