“Those combined conditions have resulted in heightened demand for the safe and secure digital asset products and services, which we provide,” the company wrote. “In fact, our client assets under custody are at an all-time high. However, these same macroeconomic, market, and regulatory dynamics are creating headwinds for our business and the crypto industry.”
Source: https://www.coindesk.com/business/2023/03/14/crypto-platform-anchorage-digital-laying-off-20-of-its-staff-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines