Anchorage Digital describes having "an amazing culture where people are expected and welcomed to be their authentic, genuine selves" and "the most transparent environment" in employee testimonials. However, the federally chartered crypto bank conducted two major layoffs: 20% (75 people) in March 2023 during crypto banking crisis, and 17% (68 people) in October 2026 citing industry cost pressures. The company received $100M from Tether in February 2026, raising valuation to $4.2B.
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Anchorage Digital
In March 2023, Anchorage Digital laid off 20% of its staff (75 people), citing uncertain crypto regulatory landscape and macroeconomic challenges. The layoffs came during a rough stretch for crypto-friendly banking as Silvergate, Signature, and SVB all shut down around the same period. In 2026, the company laid off another 17% (approximately 68 jobs based on 400-person workforce) as CEO Nathan McCauley cited ongoing cost pressures across the crypto industry.
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Anchorage Digital — Layoffs: OPPOSED In March 2023, Anchorage Digital laid off 20% of its staff (75 people), citing uncertain crypto regulatory landscape and macroeconomic challenges. The layoffs came during a roug… https://reciepts.tech/stance/1748
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See all →Anchorage Digital is the only federally chartered cryptocurrency bank in the United States, operating under Office of the Comptroller of the Currency (OCC) oversight. The company actively advocates for crypto-friendly regulation through the Blockchain Leadership Fund PAC. CEO Nathan McCauley testified before Congress in February 2025 on digital asset regulation. The federal banking charter positions Anchorage as a key institutional bridge between traditional finance and cryptocurrency.