Anchorage Digital layoffs — Oct 3, 2026

Anchorage Digital Reportedly Cuts 17% of Workforce Amid Crypto Market Slump

Anchorage Digital reportedly laid off 17% of its workforce on October 4, 2026, adding to a series of job cuts across the cryptocurrency industry. The company has not disclosed the number of positions eliminated, and it has not publicly commented on the reported workforce reduction.

Chief Executive Nathan McCauley informed employees about the layoffs this week, according to The Information, which cited people familiar with the matter. The cuts were reportedly linked to a year-long slump in the crypto market.

McCauley said in congressional testimony in February 2025 that Anchorage Digital had approximately 400 employees globally. If the company’s workforce remained near that level, a 17% reduction would represent roughly 68 jobs. However, the actual number may differ because the company’s headcount could have changed since then.

Anchorage Digital is the first federally chartered digital asset bank in the United States. The company has made significant workforce reductions before, including a 20% cut in 2023. McCauley later said that being cut off from banks contributed to that decision.

The reported layoffs come amid broader job reductions across the crypto and technology sectors in 2026. Companies including Gemini, Crypto.com, Coinbase, Dune, Luno and Bitwise have announced workforce cuts this year. The source did not report any forward-looking plans from Anchorage Digital following the latest reduction.

Sources: BeInCrypto