Digital asset trading platform Uphold cuts 17% of global headcount as crypto winter bites

CryptoInfo Editorial Team · Published on July 27, 2026 at 16:47 · Updated on July 27, 2026 · 1 min read

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Key Takeaways

→Uphold has cut 17% of its global headcount due to the crypto winter.
→The layoffs reflect a strategic shift toward Uphold's fast-growing enterprise business.
→The move is a response to the current market conditions and part of Uphold's adaptation to the changing crypto landscape.

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Digital asset trading platform Uphold has cut 17% of its global headcount, according to a report from CoinDesk. The layoffs reflect a strategic shift toward its fast-growing enterprise business.

This move comes as the company navigates the challenges of the crypto winter. Uphold's decision to reduce its staff is a response to the current market conditions.

Uphold's enterprise business has been growing rapidly, and the company is now focusing on this segment. The layoffs are part of this strategic shift, as Uphold adapts to the changing crypto landscape.

Source: CoinDesk ↗