Anchorage Digital cuts 17% of staff, about 68 jobs
- —The layoffs affected 17% of Anchorage Digital's staff, about 68 employees
- —CEO Nathan McCauley personally notified employees of the decision
- —The company confirmed the cuts as of October 3
- —Anchorage Digital is the first crypto bank with a US federal charter
Why it matters: Job cuts at a federally chartered crypto bank point to pressure on the institutional segment and could affect custody services tied to USDT.
Source: Coinotag