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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

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Link: Crypto Custodian to Lay Off 20% of Staff   [Copy]
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