Chia Network lays off one-third of its workforce and plans to sell token XCH to advance listing
Blockchain and intelligent trading platform Chia Network laid off 26 of its 70 employees, or one-third, as Chia said the loss of banking partner Credit Suisse, which delayed its efforts to go public, was costly but would continue It is advancing listing matters with the U.S. Securities and Exchange Commission and is considering selling some of its tokens, XCH, as a backup source of funds for the listing. (CoinDesk)
Blockchain and intelligent trading platform Chia Network laid off 26 of its 70 employees, or one-third, as Chia said the loss of banking partner Credit Suisse, which delayed its efforts to go public, was costly but would continue It is advancing listing matters with the U.S. Securities and Exchange Commission and is considering selling some of its tokens, XCH, as a backup source of funds for the listing. (CoinDesk)