Anchorage Digital Cuts 17% of Workforce: Report — SkimNews
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- Anchorage Digital, a crypto bank valued at $4.2 billion, is cutting 17% of its workforce, according to a report cited in the headline.
- The workforce reduction represents a substantial layoff at a federally-chartered crypto custodian, though the source body contains no additional details on timing, affected teams, or stated rationale.
Why it matters: A 17% workforce cut at a $4.2 billion-valuation crypto bank signals meaningful cost discipline at a top-tier digital asset custodian during a period of pressure across the crypto industry, though the source provides no detail on the timing or reasoning behind the cuts.
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