Crypto payment provider XanPool has laid off fewer than 40 staff and closed offices in Singapore and Malaysia

According to Tech in Asia, XanPool, a cross-border encrypted payment infrastructure provider, has laid off its staff to less than 40 people and closed its offices in Singapore and Malaysia. We are preparing for the next few years, not months," and it is estimated that the total headcount of XanPool before layoffs may be less than 100 people. Foresight News previously reported that XanPool completed a $41 million financing in November last year, including $35 million from the lead investor Target Global and $6 million from the original investor Antler Elevate, valuing the company at $400 million.