More than 10 people have left the cryptocurrency company Portofino after its co-founder and financial director were fired
Portofino Technologies, a cryptocurrency market-making company, received approval from the UK Financial Conduct Authority (FCA) earlier this year to provide services to institutional cryptocurrency clients in the UK. In recent months, the company has experienced significant employee turnover due to the dismissal of its co-founders and CFO.
Crypto Market Maker Portofino Receives UK FCA Registration for OTC Crypto Services
Portofino Technologies, a cryptocurrency market maker founded by former Citadel Securities executives, has obtained registration for over-the-counter trading of cryptocurrencies from the UK Financial Conduct Authority (FCA). Portofino Technologies is now registered to provide over-the-counter trading services in the UK and Switzerland. Earlier, Golden Finance reported that Portofino Technologies, the cryptocurrency market maker, completed a $50 million financing round in September 2022.