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$4.2B crypto bank Anchorage Digital cuts 17% of workforce: Report

Cointelegraph·October 2, 2026·1 min read
$4.2B crypto bank Anchorage Digital cuts 17% of workforce: Report

Anchorage Digital, a $4.2 billion crypto bank, cut 17% of its workforce amid expansion into stablecoin issuance and a $100 million investment from Tether. The layoffs reflect cost pressures in the crypto sector as the bank scales its institutional services.

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