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Crypto platform Anchorage axes 20% of workforce
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However, they have also created problems for the industry and Anchorage specifically, leading to the decision to cut 75 jobs as part of a "strategic realignment".Says a statement: "Looking ahead, we remain optimistic about the digital economy and our place within it.
We’re particularly confident that our status as an unequivocal qualified custodian for digital assets will position Anchorage Digital for what’s ahead."Since launching in 2017, Anchorage has signed up a host of big name institutional investors as clients, helping them to keep their crypto assets safe.
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