Digital asset platform Uphold has reduced its global workforce by 17%, impacting 85 employees. This strategic move redirects resources towards its expanding enterprise business. The company cited a decline in retail crypto trading activity as a contributing factor. Uphold will continue to serve its U.K., European, and enterprise clients without interruption. The firm remains optimistic about the future of digital assets and blockchain technology.
New York, New York
https://www.coindesk.com/business/2026/07/27/digital-asset-trading-platform-uphold-cuts-17-of-global-headcount-as-crypto-winter-bites