Express

Crypto Custodian to Lay Off 20% of Staff

Katie Lin

Summary: Anchorage Digital has announced they are laying off roughly 20% of its staff, according to a report from Bloomberg. The crypto custodian cited the ongoing downturn and regulatory uncertainty as major factors to its decision. Anchorage’s cuts follows a host of other crypto firms, including Dapper Labs, Immutable and Polygon, who have similarly reduced their ...

Anchorage Digital has announced they are laying off roughly 20% of its staff, according to a report from Bloomberg.

The crypto custodian cited the ongoing downturn and regulatory uncertainty as major factors to its decision.

Anchorage’s cuts follows a host of other crypto firms, including Dapper Labs, Immutable and Polygon, who have similarly reduced their workforces this year.

Author: Katie Lin

Last Update:

Tags: ,,
Link: Crypto Custodian to Lay Off 20% of Staff   [Copy]
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 2 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 4 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 5 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 6 days ago
  • The GENIUS Act & Stablecoin Regulation: BRG's Dominic Zagara on Crypto's Defining ... 9 days ago
  • You need to login to comment.