Overview
- Dune, which announced Thursday it cut 25% of its workforce, said the move will sharpen its focus on core data products for crypto customers.
- Dune MCP, a Model Context Protocol server, gives AI agents access to decoded contracts and curated datasets across 100-plus blockchains and lets users create dashboards and workflows without managing data infrastructure.
- CEO Fredrik Haga said the company is refocusing on serving institutions as assets like currencies, stocks, and bonds move on to blockchains, with more investment going into the data layer and higher-touch services.
- Dune said it remains well capitalized after a $69.4 million Series B in 2022, and reporters using Tracxn’s March headcount of 143 inferred about 35 roles were cut because the company did not share a number.
- The cuts follow a March hiring push that prized “AI fluency,” reflecting a wider crypto shift in 2026 as firms from Coinbase to Gemini restructure for smaller teams that use AI to handle routine work.