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Crypto bank Anchorage Digital reportedly cuts 17% of workforce

US digital asset bank Anchorage Digital, valued at $4.2 billion earlier this year, has reportedly cut 17% of its workforce amid a prolonged crypto market downturn.

2 billion earlier this year, has reportedly cut 17% of its workforce, as the prolonged crypto market downturn appears to be weighing on the company even as it expands its institutional footprint. The report cited people familiar with the matter.