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Jul 27, 2026

Uphold cuts 17% of global workforce amid enterprise pivot

Digital asset trading platform Uphold reduced its global headcount by 17% as it shifts resources toward enterprise clients and away from retail operations during the extended crypto downturn.

Jul 27, 2026·1 source
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Top claims

  • ▪Uphold's enterprise platform enables banks, fintechs, and broker-dealers to integrate crypto trading and custody services
  • ▪In 2026, Uphold plans to expand its consumer app into a multi-asset, blockchain-enabled financial platform
  • ▪The layoffs were accelerated by softened retail crypto trading activity during a prolonged market downturn

Subtopics

Crypto exchanges1Crypto markets1

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