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Bitwise cuts 14% of staff six months after buying Chorus One's 50 engineers

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Bitwise cuts 14% of workforce six months after acquiring 50 Chorus One engineers

Bitwise Asset Management laid off approximately 14% of its staff, reducing headcount to around 155 employees, just six months after acquiring staking firm Chorus One and its 50 engineers in February 2026.

Aug 12, 2026·3 sourcesEthereum staking & validatorsInstitutional crypto adoption
Bitwise cuts 14% of workforce six months after acquiring 50 Chorus One engineers
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