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Dune cuts 25% of staff to sharpen focus on AI and institutional data products

Crypto Briefing
Dune is laying off 25% of its workforce to pivot toward AI-powered analytics and institutional onchain data services.

Summary

Crypto analytics platform Dune has announced a 25% reduction in its workforce as part of a strategic restructuring. CEO and co-founder Fredrik Haga stated the company is narrowing its focus to core data products to better address two major industry shifts: the rise of AI-powered analytics and the increasing migration of financial assets onto blockchain networks. To support this vision, Dune recently launched Dune MCP, a tool that allows AI agents to interact with its extensive multi-chain data warehouse without the need for manual SQL coding. Founded in 2018, the company continues to support over 1 million users and 20,000 corporate clients, maintaining its position as a key provider of onchain data infrastructure.

(Source:Crypto Briefing)