Digital asset trading platform Uphold has cut 17% of its global workforce and redirected resources toward its growing enterprise business. According to Odaily, the company said it will not close any offices and that services for the U.K., Europe, and enterprise clients will continue as usual.
Uphold said weaker retail crypto trading activity accelerated the adjustment. The company added that demand from banks, fintech firms, and broker-dealers continues to grow.
Uphold Cuts 17% of Global Staff and Shifts Focus to Enterprise Business
2026-07-27 16:53:48
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