Recently, industry insiders have reported that a leading cryptocurrency exchange has undergone a significant organizational restructuring of its global institutional client division. This reorganization was quite intense — approximately one-third of the institutional sales team members chose to leave during this round of adjustments, including both passive resignations and employees proactively switching jobs.

The exact number of personnel laid off or transferred has not been officially disclosed, but industry feedback indicates that there has been considerable staff turnover in the institutional business segment. This reflects that crypto exchanges are re-evaluating the positioning of their institutional sales teams as they adjust their global strategies and optimize their business structures.

The exchange's institutional business involves large-volume transactions, partnerships with professional market makers, and services for institutional clients. The stability of this team often directly impacts the exchange's competitiveness in the institutional market. Behind this adjustment, it may be aimed at optimizing cost structures, refocusing on core markets, or responding to changes in the market environment. It seems that such personnel adjustments are becoming increasingly common in the crypto industry.