TechThe Information1h ago
Exclusive: Crypto Custodian Anchorage Digital Lays Off 17% Staff
TL;DRAnchorage Digital, a federally chartered crypto bank, laid off 17% of staff.
Why it matters: Signals continued crypto industry contraction; affects institutional custody infrastructure amid regulatory uncertainty.
Anchorage Digital, the first federally chartered U.S. digital-asset bank, has cut 17% of jobs, CEO Nathan McCauley told employees this week, according to people familiar with the matter. Anchorage, which provides crypto custody and issues stablecoins, including Tether’s new U.S.…
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