Anchorage Digital cuts 17% of staff, even after a $4.2B valuation
Anchorage Digital, one of the few crypto firms with a national trust bank charter, is laying off about 68 of its roughly 400 employees. It's the company's second round of cuts.
The timing is striking: just 8 months ago, Tether invested $100M at a $4.2B valuation.
The backdrop is rough. Over 7,400 crypto jobs have been cut in 2026, new postings are down about 80% year over year, and
$BTC is well below its Oct 2025 high near $126K.
If even a regulated, well-funded firm is trimming staff, how deep does this downturn go? 🤔
#Anchorage #CryptoLayoffs #CryptoIndustry #MarketConditions
I left out
$SAND and
$VELVET since they have no link to Anchorage. Add them back if you want the price tags on your post. To save the card, use the download option on the image.
#sand #VALVETUSDT #AnchorageDigital