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Crypto Analytics Firm Dune Axes 25% Of Employees Amid Strategic Overhaul

Dune’s CEO introduced Thursday that the crypto knowledge firm is reducing 1 / 4 of its workers as a part of a broader push to construct out knowledge instruments for institutional traders — a phase the corporate sees as a significant progress alternative as extra conventional monetary property transfer onto blockchain networks.

Betting On Institutional Demand

Fredrik Haga, Dune’s co-founder and chief government, said the corporate plans to take a position closely in services and products geared toward establishments, pointing to what he described as a rising shift of currencies, shares, bonds, and commodities onto blockchain infrastructure.

Haga additionally stated Dune goes all-in on synthetic intelligence, highlighting the corporate’s Model Context Protocol — a software that lets AI programs work together immediately with Dune’s platform.

According to Haga, the expertise now permits groups and automatic brokers to construct dashboards and knowledge workflows with none information of SQL or knowledge infrastructure.

Haga didn’t say how many individuals had been affected. Dune’s LinkedIn web page lists round 150 workers, which might put the variety of departures someplace round 37 to 38 individuals. The firm stays properly capitalized, Haga stated.

One Cut Among Many

Dune’s announcement lands in the course of a broader wave of job cuts hitting each crypto and tech firms this yr.

Coinbase eradicated about 700 positions earlier this month — roughly 14% of its workforce — additionally citing a shift towards AI-driven operations.

Crypto information outlet DL News shut down completely on Friday, with management pointing to declining net visitors as AI instruments more and more reply questions that customers as soon as looked for immediately.

Block Inc., the funds and crypto firm led by Jack Dorsey, carried out the biggest single spherical of layoffs in crypto up to now in 2026, reducing round 4,000 staff — practically half its workers — again in February.

Exchanges Gemini and Crypto.com every diminished their headcounts earlier this yr as properly, with each firms citing effectivity beneficial properties from AI adoption.

Across the broader US tech sector, the dimensions of cuts has been important. Data from Layoffs.fyi reveals 137 firms have shed near 109,000 jobs in 2026 up to now.

A Narrower Focus Going Forward

Haga framed the layoffs not as a monetary retreat however as a deliberate sharpening of the corporate’s path.

Dune’s core knowledge merchandise are utilized by hundreds of shoppers throughout the crypto trade, he stated, and the restructuring is supposed to guard and construct on that basis.

The firm’s complete job losses add to what studies point out is now greater than 5,000 positions lower throughout main crypto companies this yr alone.

Featured picture from Unsplash, chart from TradingView

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