uphold

Uphold Launches Instant Crypto-Backed Loans

Key Stats:
• Available to eligible U.S. customers
• Borrow using BTC, ETH, XRP, or USDC as collateral
• No credit checks
• Loans available in minutes
• Fixed rates starting at 4.28% APR
• No minimum borrowing amount
• 67 million Americans (1 in 4 adults) own crypto
• Uphold serves users in 140+ countries

The launch expands crypto lending options by giving users access to liquidity while keeping ownership of their digital assets.

#Uphold #CryptoLoans #DeFi #Cryptocurrency

💼📉🔪 Uphold Axes 17% of Staff as Crypto Winter Bites!

🔹 85 employees cut globally — CEO cites "recalibration" after doubling headcount 👥✂️
🔹 Strategic shift to enterprise business as retail trading collapses — banks/fintechs still growing 🏦📈
🔹 Crypto market cap fell to $2.1T in Q2 — 3 consecutive quarters of painful declines 📊💀
🔹 Bitcoin ETFs bled $6.9B in May-June — weak retail participation + rate fears crushing volumes 🩸📉

From growth to survival mode — even the strong ones cutting fat to weather this nuclear winter ❄️💀

#Layoffs #CryptoWinterWarrior #Uphold
@MONEY $BTC

Most traders think layoffs are a bad omen for crypto. But not when it's a well-executed strategic pivot. Uphold just cut 17% of its global headcount, shifting focus to its booming enterprise business.

THE SIGNAL: #Uphold's layoffs have significantly reduced headcount since 2021's peak, while #enterprisebusiness continues to grow, with a 20% increase in clients since Q1 2026. Moreover, its #enterpriseclients now hold over 30% more assets under management.

THE INTERPRETATION: This strategic shift indicates a healthier and more sustainable model. Enterprise clients tend to weather crypto downturns better and are more likely to invest in growth.

THE WATCH LIST: Keep an eye on #Uphold's enterprise clients for any notable investments, signaling new market opportunities may be emerging.

Will other crypto giants follow Uphold's lead, and prioritize strategic growth over cost-cutting measures?

Uphold is cutting 17% of its global workforce, citing the ongoing challenges of the 'crypto winter.' This move highlights the continued pressure market conditions are placing on digital asset trading platforms.

#CryptoNews #Uphold ‎

Uphold cuts 17% of its global workforce as the crypto winter hits hard

- Uphold, a digital asset trading platform, has decided to lay off 17% of its global staff.
- The move reflects a strategy shift toward rapidly growing enterprise business.
- The crypto winter is putting significant pressure on the industry, forcing many companies to adjust their scale.
- The layoffs may affect Uphold’s services and future development.

#BinanceSquare #CryptoNews #Uphold #CryptoWinter

$btc $eth

#vlikevn Titanbot

Source: CoinDesk

📢 Digital asset platform Uphold announces a 17% layoff, shifting its business focus to enterprise services. #Uphold #纽约 #cryptocurrency