#anchoragereportedlycuts17%workforce
anchoragereportedlycuts17%workforce
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#anchoragereportedlycuts17%workforce
Anchorage Digital Just Cut 17% of Its Staff — Despite a Fresh $4.2B Valuation
Anchorage Digital, one of the few crypto firms operating as a federally chartered digital-asset bank, is cutting roughly 17% of its workforce.
According to The Information, CEO Nathan McCauley told employees this week about the layoffs. Anchorage had around 400 employees globally earlier this year, which would put the reduction at roughly 68 positions.
The timing is notable. In February, Tether invested $100 million in Anchorage at a $4.2 billion valuation. The deal also came with Anchorage’s first employee tender offer.
Yet fresh capital hasn't prevented cost-cutting.
The company has been expanding its institutional business, including custody and stablecoin issuance, while serving as the issuer of Tether’s U.S.-focused USAT stablecoin.
That creates an interesting tension: regulatory status and institutional demand may strengthen a crypto company’s position, but they don't necessarily protect headcount when market conditions weaken.
The bigger question may be whether this is simply another efficiency cycle or evidence that crypto infrastructure companies are recalibrating their cost structures for a slower market.
Is Anchorage’s move mainly company-specific, or is it another sign of broader pressure across crypto employment?
#Anchorage #cryptolayoffs #CRYPTOINDUSTRY #MarketConditions
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#anchoragereportedlycuts17%workforce
Anchorage Digital Just Cut 17% of Its Staff — Despite a Fresh $4.2B Valuation
Anchorage Digital, one of the few crypto firms operating as a federally chartered digital-asset bank, is cutting roughly 17% of its workforce.
According to The Information, CEO Nathan McCauley told employees this week about the layoffs. Anchorage had around 400 employees globally earlier this year, which would put the reduction at roughly 68 positions.
The timing is notable. In February, Tether invested $100 million in Anchorage at a $4.2 billion valuation. The deal also came with Anchorage’s first employee tender offer.
Yet fresh capital hasn't prevented cost-cutting.
The company has been expanding its institutional business, including custody and stablecoin issuance, while serving as the issuer of Tether’s U.S.-focused USAT stablecoin.
That creates an interesting tension: regulatory status and institutional demand may strengthen a crypto company’s position, but they don't necessarily protect headcount when market conditions weaken.
The bigger question may be whether this is simply another efficiency cycle or evidence that crypto infrastructure companies are recalibrating their cost structures for a slower market.
Is Anchorage’s move mainly company-specific, or is it another sign of broader pressure across crypto employment?
#Anchorage #cryptolayoffs #CRYPTOINDUSTRY #MarketConditions
$龙虾 $SAND $VELVET
Anchorage Digital Just Cut 17% of Its Staff — Despite a Fresh $4.2B Valuation
Anchorage Digital, one of the few crypto firms operating as a federally chartered digital-asset bank, is cutting roughly 17% of its workforce.
According to The Information, CEO Nathan McCauley told employees this week about the layoffs. Anchorage had around 400 employees globally earlier this year, which would put the reduction at roughly 68 positions.
The timing is notable. In February, Tether invested $100 million in Anchorage at a $4.2 billion valuation. The deal also came with Anchorage’s first employee tender offer.
Yet fresh capital hasn't prevented cost-cutting.
The company has been expanding its institutional business, including custody and stablecoin issuance, while serving as the issuer of Tether’s U.S.-focused USAT stablecoin.
That creates an interesting tension: regulatory status and institutional demand may strengthen a crypto company’s position, but they don't necessarily protect headcount when market conditions weaken.
The bigger question may be whether this is simply another efficiency cycle or evidence that crypto infrastructure companies are recalibrating their cost structures for a slower market.
Is Anchorage’s move mainly company-specific, or is it another sign of broader pressure across crypto employment?
#Anchorage #cryptolayoffs #CRYPTOINDUSTRY #MarketConditions
$龙虾 $SAND $VELVET
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#anchoragereportedlycuts17%workforce
A Federally Chartered Crypto Bank Just Trimmed Staff — Even With a Fresh $4.2B Valuation Behind It
Anchorage Digital, one of the few crypto companies holding a national trust bank charter, is cutting roughly 17% of its workforce — a reminder that even well-capitalized, regulated players aren't immune to the industry's current cost pressures.
Here's what happened: The Information reported that CEO Nathan McCauley informed employees this week of layoffs affecting approximately 68 of the company's roughly 400 global staff. The cuts come just eight months after Tether invested $100 million in Anchorage at a $4.2 billion valuation — funding that also enabled the company's first employee tender offer. Anchorage hasn't pointed to a lost client, regulatory setback, or failed product as the cause, instead attributing the reduction to broader, sector-wide cost pressures tied to the ongoing crypto market downturn. This marks the company's second round of layoffs, following a larger cut back in 2023. The timing lines up with a rough year for crypto employment broadly — over 7,400 industry jobs have been cut in 2026, with new postings down roughly 80% year-over-year, even as Bitcoin trades well below its October 2025 high near $126,000.
Why does this matter? Anchorage occupies a notable niche as a federally regulated custody provider serving institutional clients — the kind of company often cited as evidence of crypto's maturing infrastructure. Layoffs here, despite recent capital backing, suggest the current downturn is pressuring even the more insulated, institution-facing corners of the industry, not just speculative trading platforms.
Whether this reflects temporary belt-tightening or a longer recalibration of crypto labor costs is something the coming months will likely clarify.
Does a cut like this at a regulated, well-funded firm say more about this company, or about the broader state of the industry right now? 🤔
#Anchorage #cryptolayoffs #CRYPTOINDUSTRY #MarketConditions
$SAND $VELVET
#anchoragereportedlycuts17%workforce
A Federally Chartered Crypto Bank Just Trimmed Staff — Even With a Fresh $4.2B Valuation Behind It
Anchorage Digital, one of the few crypto companies holding a national trust bank charter, is cutting roughly 17% of its workforce — a reminder that even well-capitalized, regulated players aren't immune to the industry's current cost pressures.
Here's what happened: The Information reported that CEO Nathan McCauley informed employees this week of layoffs affecting approximately 68 of the company's roughly 400 global staff. The cuts come just eight months after Tether invested $100 million in Anchorage at a $4.2 billion valuation — funding that also enabled the company's first employee tender offer. Anchorage hasn't pointed to a lost client, regulatory setback, or failed product as the cause, instead attributing the reduction to broader, sector-wide cost pressures tied to the ongoing crypto market downturn. This marks the company's second round of layoffs, following a larger cut back in 2023. The timing lines up with a rough year for crypto employment broadly — over 7,400 industry jobs have been cut in 2026, with new postings down roughly 80% year-over-year, even as Bitcoin trades well below its October 2025 high near $126,000.
Why does this matter? Anchorage occupies a notable niche as a federally regulated custody provider serving institutional clients — the kind of company often cited as evidence of crypto's maturing infrastructure. Layoffs here, despite recent capital backing, suggest the current downturn is pressuring even the more insulated, institution-facing corners of the industry, not just speculative trading platforms.
Whether this reflects temporary belt-tightening or a longer recalibration of crypto labor costs is something the coming months will likely clarify.
Does a cut like this at a regulated, well-funded firm say more about this company, or about the broader state of the industry right now? 🤔
#Anchorage #cryptolayoffs #CRYPTOINDUSTRY #MarketConditions
$SAND $VELVET
A Federally Chartered Crypto Bank Just Trimmed Staff — Even With a Fresh $4.2B Valuation Behind It
Anchorage Digital, one of the few crypto companies holding a national trust bank charter, is cutting roughly 17% of its workforce — a reminder that even well-capitalized, regulated players aren't immune to the industry's current cost pressures.
Here's what happened: The Information reported that CEO Nathan McCauley informed employees this week of layoffs affecting approximately 68 of the company's roughly 400 global staff. The cuts come just eight months after Tether invested $100 million in Anchorage at a $4.2 billion valuation — funding that also enabled the company's first employee tender offer. Anchorage hasn't pointed to a lost client, regulatory setback, or failed product as the cause, instead attributing the reduction to broader, sector-wide cost pressures tied to the ongoing crypto market downturn. This marks the company's second round of layoffs, following a larger cut back in 2023. The timing lines up with a rough year for crypto employment broadly — over 7,400 industry jobs have been cut in 2026, with new postings down roughly 80% year-over-year, even as Bitcoin trades well below its October 2025 high near $126,000.
Why does this matter? Anchorage occupies a notable niche as a federally regulated custody provider serving institutional clients — the kind of company often cited as evidence of crypto's maturing infrastructure. Layoffs here, despite recent capital backing, suggest the current downturn is pressuring even the more insulated, institution-facing corners of the industry, not just speculative trading platforms.
Whether this reflects temporary belt-tightening or a longer recalibration of crypto labor costs is something the coming months will likely clarify.
Does a cut like this at a regulated, well-funded firm say more about this company, or about the broader state of the industry right now? 🤔
#Anchorage #cryptolayoffs #CRYPTOINDUSTRY #MarketConditions
$SAND $VELVET
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සත්යායනය කළ
🚨 ANCHORAGE DIGITAL JUST CUT 17% OF ITS WORKFORCE — EVEN AS INSTITUTIONAL CRYPTO KEEPS EXPANDING.
The federally chartered crypto bank, valued around $4.2B earlier this year, has reportedly laid off 17% of staff.
That’s what makes this interesting.
Anchorage has been positioning itself as one of the most regulated institutional gateways into crypto — custody, staking, stablecoins, and bank-grade infrastructure.
So the signal isn’t simply:
“Crypto is dead.”
It’s more like:
Institutional adoption is growing… but the economics are still brutal.
More regulation.
More infrastructure.
More competition.
And apparently, still more cost-cutting.
The next crypto cycle may reward the companies that survive the plumbing phase — not just the ones with the loudest narrative.
$BTC $ETH $COIN $XAU
#anchoragereportedlycuts17%workforce #SECProposesCryptoCustodyRules #SECApproves3xLongCryptoCommodityETPs #G7PlansToReleaseUpTo100MBarrelsOilDiesel #ICBASuesOCCOverCryptoBankCharters
🚨 ANCHORAGE DIGITAL JUST CUT 17% OF ITS WORKFORCE — EVEN AS INSTITUTIONAL CRYPTO KEEPS EXPANDING.
The federally chartered crypto bank, valued around $4.2B earlier this year, has reportedly laid off 17% of staff.
That’s what makes this interesting.
Anchorage has been positioning itself as one of the most regulated institutional gateways into crypto — custody, staking, stablecoins, and bank-grade infrastructure.
So the signal isn’t simply:
“Crypto is dead.”
It’s more like:
Institutional adoption is growing… but the economics are still brutal.
More regulation.
More infrastructure.
More competition.
And apparently, still more cost-cutting.
The next crypto cycle may reward the companies that survive the plumbing phase — not just the ones with the loudest narrative.
$BTC $ETH $COIN $XAU
#anchoragereportedlycuts17%workforce #SECProposesCryptoCustodyRules #SECApproves3xLongCryptoCommodityETPs #G7PlansToReleaseUpTo100MBarrelsOilDiesel #ICBASuesOCCOverCryptoBankCharters
The federally chartered crypto bank, valued around $4.2B earlier this year, has reportedly laid off 17% of staff.
That’s what makes this interesting.
Anchorage has been positioning itself as one of the most regulated institutional gateways into crypto — custody, staking, stablecoins, and bank-grade infrastructure.
So the signal isn’t simply:
“Crypto is dead.”
It’s more like:
Institutional adoption is growing… but the economics are still brutal.
More regulation.
More infrastructure.
More competition.
And apparently, still more cost-cutting.
The next crypto cycle may reward the companies that survive the plumbing phase — not just the ones with the loudest narrative.
$BTC $ETH $COIN $XAU
#anchoragereportedlycuts17%workforce #SECProposesCryptoCustodyRules #SECApproves3xLongCryptoCommodityETPs #G7PlansToReleaseUpTo100MBarrelsOilDiesel #ICBASuesOCCOverCryptoBankCharters
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සත්යායනය කළ
#anchoragereportedlycuts17%workforce
Anchorage Digital is reportedly laying off 17% of its workforce—which is about 68 human beings out of their 400-employee team. Why? They got a $100M investment from Tether to expand into stablecoins, and suddenly 68 desks are empty. Did AI take their jobs, or did the stablecoins just replace them? 🤖 #anchoragereportedlycuts17%workforce
What should traders do now?
🤷♂️ Stay calm. Layoffs happen when firms pivot to stablecoins.
🐋 Keep an eye on Tether's next move.
💸 Keep trading, because crypto never sleeps!
DYOR! This is not financial advice. 🛑
Click the trade links below to support me! 👇
💰 Join Binance with code VINHTOCDO or link: [https://www.binance.com/register?ref=VINHTOCDO](https://www.binance.com/register?ref=VINHTOCDO)
#AnchorageDigital #Tether #Stablecoin #CryptoNews #cryptolayoffs #VINHTOCDO
Click below to trade $ETH
{future}(ETHUSDT)
, $BTC
{future}(BTCUSDT)
, $BNB
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#anchoragereportedlycuts17%workforce
Anchorage Digital is reportedly laying off 17% of its workforce—which is about 68 human beings out of their 400-employee team. Why? They got a $100M investment from Tether to expand into stablecoins, and suddenly 68 desks are empty. Did AI take their jobs, or did the stablecoins just replace them? 🤖 #anchoragereportedlycuts17%workforce
What should traders do now?
🤷♂️ Stay calm. Layoffs happen when firms pivot to stablecoins.
🐋 Keep an eye on Tether's next move.
💸 Keep trading, because crypto never sleeps!
DYOR! This is not financial advice. 🛑
Click the trade links below to support me! 👇
💰 Join Binance with code VINHTOCDO or link: https://www.binance.com/register?ref=VINHTOCDO
#AnchorageDigital #Tether #Stablecoin #CryptoNews #cryptolayoffs #VINHTOCDO
Click below to trade $ETH
, $BTC
, $BNB
Anchorage Digital is reportedly laying off 17% of its workforce—which is about 68 human beings out of their 400-employee team. Why? They got a $100M investment from Tether to expand into stablecoins, and suddenly 68 desks are empty. Did AI take their jobs, or did the stablecoins just replace them? 🤖 #anchoragereportedlycuts17%workforce
What should traders do now?
🤷♂️ Stay calm. Layoffs happen when firms pivot to stablecoins.
🐋 Keep an eye on Tether's next move.
💸 Keep trading, because crypto never sleeps!
DYOR! This is not financial advice. 🛑
Click the trade links below to support me! 👇
💰 Join Binance with code VINHTOCDO or link: https://www.binance.com/register?ref=VINHTOCDO
#AnchorageDigital #Tether #Stablecoin #CryptoNews #cryptolayoffs #VINHTOCDO
Click below to trade $ETH
, $BTC
, $BNB
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Breaking: Anchorage Digital Cuts 17% Workforce 🚨
Federally chartered US crypto bank Anchorage Digital reportedly laid off ∼68 employees (17% of staff).
Key Details:
🔸 Valuation $4.2B (Feb 2025), 400 employees globally
🔸 CEO Nathan McCauley informed staff this week
🔸 Came after $100M strategic investment from Tether
🔸 Reason: Prolonged crypto downturn, $BTC still well below $126K peak
Even regulated custody giants are feeling the bear pressure. Is this a sign of more consolidation coming?
#Anchorage #CryptoLayoffs #Bitcoin #Tether #anchoragereportedlycuts17%workforce
Breaking: Anchorage Digital Cuts 17% Workforce 🚨
Federally chartered US crypto bank Anchorage Digital reportedly laid off ∼68 employees (17% of staff).
Key Details:
🔸 Valuation $4.2B (Feb 2025), 400 employees globally
🔸 CEO Nathan McCauley informed staff this week
🔸 Came after $100M strategic investment from Tether
🔸 Reason: Prolonged crypto downturn, $BTC still well below $126K peak
Even regulated custody giants are feeling the bear pressure. Is this a sign of more consolidation coming?
#Anchorage #CryptoLayoffs #Bitcoin #Tether #anchoragereportedlycuts17%workforce
Federally chartered US crypto bank Anchorage Digital reportedly laid off ∼68 employees (17% of staff).
Key Details:
🔸 Valuation $4.2B (Feb 2025), 400 employees globally
🔸 CEO Nathan McCauley informed staff this week
🔸 Came after $100M strategic investment from Tether
🔸 Reason: Prolonged crypto downturn, $BTC still well below $126K peak
Even regulated custody giants are feeling the bear pressure. Is this a sign of more consolidation coming?
#Anchorage #CryptoLayoffs #Bitcoin #Tether #anchoragereportedlycuts17%workforce
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🚨 KRİPTO SEKTORUNDA YENİ İŞÇİ İXTİSARI!
🏦 Anchorage Digital işçi qüvvəsinin 17%-ni ixtisar edib.
Şirkətin əvvəlki təxminən 400 nəfərlik heyəti nəzərə alınarsa, bu ~68 iş yeri demək ola bilər. Məlumata görə, qərarın arxasında kripto bazarındakı uzunmüddətli zəiflik dayanır.
Maraqlısı isə budur: Anchorage bu il $100M Tether investisiyası almış və təxminən $4.2B qiymətləndirilmişdi.
📉 Sual: Sizcə bu, kripto bazarında yeni təzyiq siqnalıdır, yoxsa şirkət sadəcə xərcləri optimallaşdırır?
💬 Fikrinizi şərhdə yazın 👇
#anchoragereportedlycuts17%workforce
🚨 KRİPTO SEKTORUNDA YENİ İŞÇİ İXTİSARI!
🏦 Anchorage Digital işçi qüvvəsinin 17%-ni ixtisar edib.
Şirkətin əvvəlki təxminən 400 nəfərlik heyəti nəzərə alınarsa, bu ~68 iş yeri demək ola bilər. Məlumata görə, qərarın arxasında kripto bazarındakı uzunmüddətli zəiflik dayanır.
Maraqlısı isə budur: Anchorage bu il $100M Tether investisiyası almış və təxminən $4.2B qiymətləndirilmişdi.
📉 Sual: Sizcə bu, kripto bazarında yeni təzyiq siqnalıdır, yoxsa şirkət sadəcə xərcləri optimallaşdırır?
💬 Fikrinizi şərhdə yazın 👇
#anchoragereportedlycuts17%workforce
🏦 Anchorage Digital işçi qüvvəsinin 17%-ni ixtisar edib.
Şirkətin əvvəlki təxminən 400 nəfərlik heyəti nəzərə alınarsa, bu ~68 iş yeri demək ola bilər. Məlumata görə, qərarın arxasında kripto bazarındakı uzunmüddətli zəiflik dayanır.
Maraqlısı isə budur: Anchorage bu il $100M Tether investisiyası almış və təxminən $4.2B qiymətləndirilmişdi.
📉 Sual: Sizcə bu, kripto bazarında yeni təzyiq siqnalıdır, yoxsa şirkət sadəcə xərcləri optimallaşdırır?
💬 Fikrinizi şərhdə yazın 👇
#anchoragereportedlycuts17%workforce
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උසබ තත්ත්වය
#AnchorageReportedlyCuts17%Workforce
$BTC $STABLE
🏦 Anchorage Digital reportedly cut 17% of staff
👥 That’s about 68 jobs, based on ~400 employees
📉 Reason reported: weak crypto market conditions
{spot}(BTCUSDT)
{future}(STABLEUSDT)
💰 Anchorage recently received $100M from Tether and was valued around $4.2B
🔗 It is still expanding in crypto custody and stablecoins
Latest: This is a company workforce cut, not a reported shutdown or bankruptcy. #BTC #stable
#AnchorageReportedlyCuts17%Workforce
$BTC $STABLE
🏦 Anchorage Digital reportedly cut 17% of staff
👥 That’s about 68 jobs, based on ~400 employees
📉 Reason reported: weak crypto market conditions
💰 Anchorage recently received $100M from Tether and was valued around $4.2B
🔗 It is still expanding in crypto custody and stablecoins
Latest: This is a company workforce cut, not a reported shutdown or bankruptcy. #BTC #stable
$BTC $STABLE
🏦 Anchorage Digital reportedly cut 17% of staff
👥 That’s about 68 jobs, based on ~400 employees
📉 Reason reported: weak crypto market conditions
💰 Anchorage recently received $100M from Tether and was valued around $4.2B
🔗 It is still expanding in crypto custody and stablecoins
Latest: This is a company workforce cut, not a reported shutdown or bankruptcy. #BTC #stable
74
#AnchorageReportedlyCuts17%Workforce Anchorage Digital has reportedly cut 17% of its workforce, according to The Information. The federally chartered U.S. digital-asset bank had about 400 employees earlier this year, meaning the reduction could represent roughly 68 roles if headcount remained similar. 📉🏦
#AnchorageDigitalLayoffs #CryptoIndustryJobs #DigitalAssetBanking #CryptoMarketUpdate
l $BTC
{spot}(BTCUSDT)
| $ETH
{spot}(ETHUSDT)
| $USDT
#AnchorageReportedlyCuts17%Workforce Anchorage Digital has reportedly cut 17% of its workforce, according to The Information. The federally chartered U.S. digital-asset bank had about 400 employees earlier this year, meaning the reduction could represent roughly 68 roles if headcount remained similar. 📉🏦
#AnchorageDigitalLayoffs #CryptoIndustryJobs #DigitalAssetBanking #CryptoMarketUpdate
l $BTC
| $ETH
| $USDT
#AnchorageDigitalLayoffs #CryptoIndustryJobs #DigitalAssetBanking #CryptoMarketUpdate
l $BTC
| $ETH
| $USDT
1
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🚨 BREAKING: Institutional growth doesn't always mean linear hiring. Despite a $4.2B valuation and a recent $100M investment from Tether, Anchorage Digital has reportedly cut its workforce by 17%. This highlights the current pressure on crypto firms to scale regulated services while aggressively managing operational costs during market volatility 📉. #Crypto #Finance #CryptoverseNews
Full story: https://cryptoversenews.eu/finance/4-2b-crypto-bank-anchorage-digital-cuts-17-of-workforce-rep/
🚨 BREAKING: Institutional growth doesn't always mean linear hiring. Despite a $4.2B valuation and a recent $100M investment from Tether, Anchorage Digital has reportedly cut its workforce by 17%. This highlights the current pressure on crypto firms to scale regulated services while aggressively managing operational costs during market volatility 📉. #Crypto #Finance #CryptoverseNews
Full story: https://cryptoversenews.eu/finance/4-2b-crypto-bank-anchorage-digital-cuts-17-of-workforce-rep/
Full story: https://cryptoversenews.eu/finance/4-2b-crypto-bank-anchorage-digital-cuts-17-of-workforce-rep/
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$4.2B crypto bank Anchorage Digital cuts 17% of workforce: ReportAnchorage Digital, a federally chartered US digital asset bank valued at $4.2 billion earlier this year, has reportedly cut 17% of its workforce, suggesting that the prolonged crypto market downturn is weighing on the company even as it expands its institutional footprint.
Citing people familiar with the matter, The Information reported Friday that CEO Nathan McCauley informed employees of the cuts this week. Anchorage had about 400 employees globally as of February, according to McCauley’s congressional testimony at the time, meaning a 17% reduction would amount to roughly 68 jobs if its headcount remained around that level.
Cointelegraph reached out to a public relations contact representing Anchorage for confirmation but did not receive an immediate response.
Crypto markets have struggled over the past year, which The Information cited as the backdrop for Anchorage’s workforce reduction. Bitcoin (BTC) briefly recovered above $87,000 on Friday but remains well below its $126,000 peak reached last October.
The layoffs come as Anchorage has expanded its role in the regulated US crypto industry. The company became the first crypto company to receive a national trust charter from the Office of the Comptroller of the Currency in 2021 and has since grown into a major crypto custodian.
More recently, Anchorage has expanded into stablecoin issuance, including Tether’s new US stablecoin USAT. Earlier this year, the company received a $100 million strategic investment from Tether.
$4.2B crypto bank Anchorage Digital cuts 17% of workforce: Report
Anchorage Digital, a federally chartered US digital asset bank valued at $4.2 billion earlier this year, has reportedly cut 17% of its workforce, suggesting that the prolonged crypto market downturn is weighing on the company even as it expands its institutional footprint.
Citing people familiar with the matter, The Information reported Friday that CEO Nathan McCauley informed employees of the cuts this week. Anchorage had about 400 employees globally as of February, according to McCauley’s congressional testimony at the time, meaning a 17% reduction would amount to roughly 68 jobs if its headcount remained around that level.
Cointelegraph reached out to a public relations contact representing Anchorage for confirmation but did not receive an immediate response.
Crypto markets have struggled over the past year, which The Information cited as the backdrop for Anchorage’s workforce reduction. Bitcoin (BTC) briefly recovered above $87,000 on Friday but remains well below its $126,000 peak reached last October.
The layoffs come as Anchorage has expanded its role in the regulated US crypto industry. The company became the first crypto company to receive a national trust charter from the Office of the Comptroller of the Currency in 2021 and has since grown into a major crypto custodian.
More recently, Anchorage has expanded into stablecoin issuance, including Tether’s new US stablecoin USAT. Earlier this year, the company received a $100 million strategic investment from Tether.
Citing people familiar with the matter, The Information reported Friday that CEO Nathan McCauley informed employees of the cuts this week. Anchorage had about 400 employees globally as of February, according to McCauley’s congressional testimony at the time, meaning a 17% reduction would amount to roughly 68 jobs if its headcount remained around that level.
Cointelegraph reached out to a public relations contact representing Anchorage for confirmation but did not receive an immediate response.
Crypto markets have struggled over the past year, which The Information cited as the backdrop for Anchorage’s workforce reduction. Bitcoin (BTC) briefly recovered above $87,000 on Friday but remains well below its $126,000 peak reached last October.
The layoffs come as Anchorage has expanded its role in the regulated US crypto industry. The company became the first crypto company to receive a national trust charter from the Office of the Comptroller of the Currency in 2021 and has since grown into a major crypto custodian.
More recently, Anchorage has expanded into stablecoin issuance, including Tether’s new US stablecoin USAT. Earlier this year, the company received a $100 million strategic investment from Tether.
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සත්යායනය කළ
$4.2B crypto bank Anchorage Digital cuts 17% of workforce: Report
📌 The Rundown:
• Anchorage Digital, a $4.2B crypto bank, announced a 17% workforce reduction amid a strategic pivot toward institutional services, stablecoin issuance, and a $100M Tether investment.
• The layoffs signal a shift from broad consumer offerings to a lean, compliance‑focused model, potentially accelerating institutional adoption of regulated custody and stablecoin infrastructure.
🎯 Strategic Outlook:
Anchorage’s focus on institutional-grade custody and stablecoin issuance positions it as a key backbone for regulated crypto finance, likely driving deeper integration with traditional finance and boosting long‑term ecosystem momentum.
🚀 Top 24H Futures Outperformers:
• $MAGMA (+53.1%) — Price: 0.3456
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• (+32.5%) — Price: 0.1465
#TrendingTopic #Write2Earn #Altcoins
$4.2B crypto bank Anchorage Digital cuts 17% of workforce: Report
📌 The Rundown:
• Anchorage Digital, a $4.2B crypto bank, announced a 17% workforce reduction amid a strategic pivot toward institutional services, stablecoin issuance, and a $100M Tether investment.
• The layoffs signal a shift from broad consumer offerings to a lean, compliance‑focused model, potentially accelerating institutional adoption of regulated custody and stablecoin infrastructure.
🎯 Strategic Outlook:
Anchorage’s focus on institutional-grade custody and stablecoin issuance positions it as a key backbone for regulated crypto finance, likely driving deeper integration with traditional finance and boosting long‑term ecosystem momentum.
🚀 Top 24H Futures Outperformers:
• $MAGMA (+53.1%) — Price: 0.3456
• $SAND (+36.1%) — Price: 0.0605
• (+32.5%) — Price: 0.1465
#TrendingTopic #Write2Earn #Altcoins
📌 The Rundown:
• Anchorage Digital, a $4.2B crypto bank, announced a 17% workforce reduction amid a strategic pivot toward institutional services, stablecoin issuance, and a $100M Tether investment.
• The layoffs signal a shift from broad consumer offerings to a lean, compliance‑focused model, potentially accelerating institutional adoption of regulated custody and stablecoin infrastructure.
🎯 Strategic Outlook:
Anchorage’s focus on institutional-grade custody and stablecoin issuance positions it as a key backbone for regulated crypto finance, likely driving deeper integration with traditional finance and boosting long‑term ecosystem momentum.
🚀 Top 24H Futures Outperformers:
• $MAGMA (+53.1%) — Price: 0.3456
• $SAND (+36.1%) — Price: 0.0605
• (+32.5%) — Price: 0.1465
#TrendingTopic #Write2Earn #Altcoins
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Anchorage Digital reportedly cuts 17% of workforceAnchorage Digital reportedly cut 17% of its workforce, according to The Information, which cited people familiar with the matter. The Information reported Friday that CEO Nathan McCauley informed employees of the cuts this week. The reduction would represent roughly 68 jobs if Anchorage's headcount remained near the approximately 400 employees disclosed in February. The reported cuts come as Anchorage expands into stablecoin issuance and follows a $100 million strategic investment from Tether earlier this year. A public relations contact representing Anchorage did not immediately respond to a request for confirmation.
Anchorage Digital reportedly cuts 17% of workforce
Anchorage Digital reportedly cut 17% of its workforce, according to The Information, which cited people familiar with the matter. The Information reported Friday that CEO Nathan McCauley informed employees of the cuts this week. The reduction would represent roughly 68 jobs if Anchorage's headcount remained near the approximately 400 employees disclosed in February. The reported cuts come as Anchorage expands into stablecoin issuance and follows a $100 million strategic investment from Tether earlier this year. A public relations contact representing Anchorage did not immediately respond to a request for confirmation.
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බෙයාරිෂ්
$BTC
{future}(BTCUSDT)
🚨Anchorage Digital has reportedly cut 17% of its workforce after securing a $100 million Tether investment earlier this year.#NFPWatch
$BTC
🚨Anchorage Digital has reportedly cut 17% of its workforce after securing a $100 million Tether investment earlier this year.#NFPWatch
🚨Anchorage Digital has reportedly cut 17% of its workforce after securing a $100 million Tether investment earlier this year.#NFPWatch
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Anchorage Digital just slashed 17% of its workforce despite a $4.2B valuation and a $100M Tether backing.
This massive restructuring for $BANK infrastructure hits right as institutional stablecoin expansion surges.
Choppy markets love a headline shock, and $BANK traders are watching this friction point closely today.
If panic-driven liquidations break recent range lows, a sharp flush could test key psychological support.
However, if buyers absorb the workforce news as overhead trimming, a quick mean-reversion bounce is likely.
Keep eyes on volume spikes before jumping in. Not financial advice. DYOR.
$BANK
Anchorage Digital just slashed 17% of its workforce despite a $4.2B valuation and a $100M Tether backing.
This massive restructuring for $BANK infrastructure hits right as institutional stablecoin expansion surges.
Choppy markets love a headline shock, and $BANK traders are watching this friction point closely today.
If panic-driven liquidations break recent range lows, a sharp flush could test key psychological support.
However, if buyers absorb the workforce news as overhead trimming, a quick mean-reversion bounce is likely.
Keep eyes on volume spikes before jumping in. Not financial advice. DYOR.
$BANK
This massive restructuring for $BANK infrastructure hits right as institutional stablecoin expansion surges.
Choppy markets love a headline shock, and $BANK traders are watching this friction point closely today.
If panic-driven liquidations break recent range lows, a sharp flush could test key psychological support.
However, if buyers absorb the workforce news as overhead trimming, a quick mean-reversion bounce is likely.
Keep eyes on volume spikes before jumping in. Not financial advice. DYOR.
$BANK
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සත්යායනය කළ
🚨 The jobs report gave Bitcoin exactly what bulls wanted. Then BTC rejected $87K...
#nfpwatch
September payrolls came in at just +29K vs ~90K expected, unemployment rose to 4.2%, and wage growth slowed to 3.0% YoY. July was revised to -10K and August to 133K.
The initial reaction made sense:
weaker jobs → lower hike odds → lower yields → BTC higher.
BTC reached roughly $87,229.
Then came the interesting part.
$87.3K rejected again.
Before the report, Bitcoin open interest had already jumped $2.3B, while funding rates were rising — meaning bullish leverage was building into the event.
Now BTC is back around $84.6K, with roughly $54.5B still sitting in futures open interest.
So the market has answered one question:
Weak NFP can trigger a rally. It doesn't guarantee a breakout.
The next thing I'd watch isn't the headline jobs number.
It's whether BTC can reclaim the $87K–$87.3K supply zone without another leverage spike.
Not financial advice. The jobs report was materially weaker than expected, but the first reaction has already reversed and the market remains highly leveraged.
$BTC $ETH $SOL
#NFPWatch #AnchorageReportedlyCuts17%Workforce #BitcoinParesGainsAfterRallyTo$86.5K #USStocksCloseHigherOnWeakJobsData
🚨 The jobs report gave Bitcoin exactly what bulls wanted. Then BTC rejected $87K...
#nfpwatch
September payrolls came in at just +29K vs ~90K expected, unemployment rose to 4.2%, and wage growth slowed to 3.0% YoY. July was revised to -10K and August to 133K.
The initial reaction made sense:
weaker jobs → lower hike odds → lower yields → BTC higher.
BTC reached roughly $87,229.
Then came the interesting part.
$87.3K rejected again.
Before the report, Bitcoin open interest had already jumped $2.3B, while funding rates were rising — meaning bullish leverage was building into the event.
Now BTC is back around $84.6K, with roughly $54.5B still sitting in futures open interest.
So the market has answered one question:
Weak NFP can trigger a rally. It doesn't guarantee a breakout.
The next thing I'd watch isn't the headline jobs number.
It's whether BTC can reclaim the $87K–$87.3K supply zone without another leverage spike.
Not financial advice. The jobs report was materially weaker than expected, but the first reaction has already reversed and the market remains highly leveraged.
$BTC $ETH $SOL
#NFPWatch #AnchorageReportedlyCuts17%Workforce #BitcoinParesGainsAfterRallyTo$86.5K #USStocksCloseHigherOnWeakJobsData
#nfpwatch
September payrolls came in at just +29K vs ~90K expected, unemployment rose to 4.2%, and wage growth slowed to 3.0% YoY. July was revised to -10K and August to 133K.
The initial reaction made sense:
weaker jobs → lower hike odds → lower yields → BTC higher.
BTC reached roughly $87,229.
Then came the interesting part.
$87.3K rejected again.
Before the report, Bitcoin open interest had already jumped $2.3B, while funding rates were rising — meaning bullish leverage was building into the event.
Now BTC is back around $84.6K, with roughly $54.5B still sitting in futures open interest.
So the market has answered one question:
Weak NFP can trigger a rally. It doesn't guarantee a breakout.
The next thing I'd watch isn't the headline jobs number.
It's whether BTC can reclaim the $87K–$87.3K supply zone without another leverage spike.
Not financial advice. The jobs report was materially weaker than expected, but the first reaction has already reversed and the market remains highly leveraged.
$BTC $ETH $SOL
#NFPWatch #AnchorageReportedlyCuts17%Workforce #BitcoinParesGainsAfterRallyTo$86.5K #USStocksCloseHigherOnWeakJobsData
4
11.6k
• 🟢 $NEAR (السعر الحالي: 4.682$)
سأقوم بما يلي بكميات مدروسة:
• 🛒 مجال الشراء: 4.55 — 4.62
• 💰 مجال البيع: 4.80 — 4.90
• 📈 $QNT (السعر الحالي: 262.85$)
• 🛒 مجال الشراء: 250 — 256
• 💰 مجال البيع: 272 — 280
• 🔥 $MOVR (السعر الحالي: 1.825$)
• 🛒 مجال الشراء: 1.72 — 1.78
• 💰 مجال البيع: 1.95 — 2.05
#SECProposesCryptoCustodyRules
#SECApproves3xLongCryptoCommodityETPs
#NFPWatch
#AnchorageReportedlyCuts17%Workforce
• 🟢 $NEAR (السعر الحالي: 4.682$)
سأقوم بما يلي بكميات مدروسة:
• 🛒 مجال الشراء: 4.55 — 4.62
• 💰 مجال البيع: 4.80 — 4.90
• 📈 $QNT (السعر الحالي: 262.85$)
• 🛒 مجال الشراء: 250 — 256
• 💰 مجال البيع: 272 — 280
• 🔥 $MOVR (السعر الحالي: 1.825$)
• 🛒 مجال الشراء: 1.72 — 1.78
• 💰 مجال البيع: 1.95 — 2.05
#SECProposesCryptoCustodyRules
#SECApproves3xLongCryptoCommodityETPs
#NFPWatch
#AnchorageReportedlyCuts17%Workforce
سأقوم بما يلي بكميات مدروسة:
• 🛒 مجال الشراء: 4.55 — 4.62
• 💰 مجال البيع: 4.80 — 4.90
• 📈 $QNT (السعر الحالي: 262.85$)
• 🛒 مجال الشراء: 250 — 256
• 💰 مجال البيع: 272 — 280
• 🔥 $MOVR (السعر الحالي: 1.825$)
• 🛒 مجال الشراء: 1.72 — 1.78
• 💰 مجال البيع: 1.95 — 2.05
#SECProposesCryptoCustodyRules
#SECApproves3xLongCryptoCommodityETPs
#NFPWatch
#AnchorageReportedlyCuts17%Workforce
1
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1.2k
·
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බෙයාරිෂ්
Ahh, exhausting! $HYPE , please complete your head and shoulders 😭😭 I’m desperate to see $80 on the chart.
{future}(HYPEUSDT)
#AnchorageReportedlyCuts17%Workforce
Ahh, exhausting! $HYPE , please complete your head and shoulders 😭😭 I’m desperate to see $80 on the chart.
#AnchorageReportedlyCuts17%Workforce
#AnchorageReportedlyCuts17%Workforce
Binance BiBi:
I see! The post says the author is exhausted watching HYPEUSDT and is hoping the chart completes a head-and-shoulders pattern, because they really want to see $80 on the chart; they also references a headline that Anchorage reportedly cut 17% of its workforce, and tags the HYPEUSDT futures market. Not financial advice, and price targets/pattern calls are speculative—DYOR.
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3
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තවත් අන්තර්ගතයන් ගවේෂණය කිරීමට ඇතුල් වන්න
Binance චතුරශ්රය හි ගෝලීය ක්රිප්ටෝ පරිශීලකයින් හා එක්වන්න
⚡️ ක්රිප්ටෝ පිළිබඳ නවතම සහ ප්රයෝජනවත් තොරතුරු ලබා ගන්න.
💬 ලොව විශාලතම ක්රිප්ටෝ හුවමාරුව මගින් විශ්වාස කෙරේ.
👍 සත්යායනය කරන ලද නිර්මාණකරුවන්ගෙන් සැබෑ විදසුන් සොයා ගන්න.
විද්යුත් තැපෑල / දුරකථන අංකය
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