Cryptocurrency data portal Messari has laid off around 15% of its employees as part of organizational restructuring.
The layoffs were a result of an effort to streamline the business and focus on core product lines.
The news has not been officially announced by the company, but it is confirmed by CEO Eric Turner.
This is part of a larger trend of layoffs in the cryptocurrency sector, with other companies like Paxos, Axie Infinity, and Kraken also making job cuts.