Anchorage Digital announced today that it will lay off 75 employees, but a company spokesperson said that its digital asset bank subsidiary Anchorage Digital Bank, which is regulated by the U.S. Office of the Comptroller of the Currency, will not be affected by the layoffs, and customer assets will not be at risk due to the recent collapse of crypto-friendly banks Silvergate Bank and Silicon Valley Bank.
As previously reported by Forbes, Anchorage Digital mainly provides crypto lending, trading, financing and staking services to institutional investors, and its valuation is approximately US$3 billion as of March 2023.
Earlier today, Anchorage Digital said it would lay off 75 people, accounting for about 20% of its total employees. Additionally, the company is considering removing custody support for low-utilization digital assets and reducing its focus on NFTs. (Forkast) #bullish #BNB
