Snapchat’s parent company shutters Web3 division amid layoffs
The company said it will let go of its Web3 division to make way for restructuring after falling behind financial targets.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The company said it will let go of its Web3 division to make way for restructuring after falling behind financial targets.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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