Anchorage Digital has reportedly laid off 17% of its staff, impacting approximately 68 positions. This decision follows a prolonged downturn in the cryptocurrency market. The digital asset bank has not officially commented on the workforce reduction. This move places Anchorage Digital among several other crypto companies that have implemented layoffs this year. The broader technology sector has also seen an increase in job cuts.
San Francisco, California
https://beincrypto.com/anchorage-digital-layoffs-17-percent-staff/