Portofino Technologies, a Zug, Switzerland-based provider of rading (HFT) grade technology for digital assets, raised $50M in funding.
The round was led by Valar Ventures, Global Founders Capital and Coatue.
The company intends to use the funds to accelerate growth and expand operations.
Led by CEO Leonard Lancia and Alex Casimo, COO, Portofino Technologies is a crypto-native technology startup which deploys its proprietary market-making technology to trade on centralised, decentralised and OTC markets and provides token services & investments to Web3 projects.
Established in 2021, the company has traded billions of dollars across centralised and decentralised cryptocurrency exchanges to date and raised over $50 million in equity funding.
Portofino has 35+ employees across 5 global locations.
FinSMEs
16/09/2022