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Anchorage Digital Cuts 17%: Dragged Down by Market Conditions, Trimming Approximately 68 Positions

Source: cointelegraph.com Event types: Financing/Fundraising
Anchorage Digital has reportedly cut 17% of its workforce, affecting approximately 68 positions, primarily due to the downturn in the cryptocurrency market. Despite these downward pressures, the company secured a $100 million strategic investment from Tether.

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