Crypto operator Circle plans to boost its head count by as much as 25% this year, focusing on expansion despite industrywide layoffs
so that public-market investors can re-evaluate the future of digital-assets businesses, he said. “We plan to continue on our path to go public and will take necessary steps to achieve that as soon as practicable,” he said.
“Maintaining our regulatory position of compliant posture, of good relations and most importantly just doing business the right way is critical to our future success,” Mr. Fox-Geen said. Crypto imploded in 2022, as investors lost faith in digital assets and the industry was plagued with crisis. But unlike other collapses, it has largely avoided rippling into other markets. WSJ explains how crypto became so interconnected. Illustration: Mallory Brangan
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