Portofino technologies, a Switzerland -based crypto -based crypto company, has a major plan for 2025, company CEO Leonard Lancia said in CoinDesk in an exclusive interview.
The crypto market manufacturer has explored the opening of new offices in both New York and Singapore, Lancia said.
The firm is controlled in the UK, Switzerland and the British Virgin Islands, and has plans to expand its licensing under EU regulation in crypto-assets (MICA) regulation. Mica took place on December 30 last year.
Portofino has made a number of senior hires in recent months. Dipak Shah joined the company as head of over-the-counter (OTC) trading, based in London.
Shah joined from the Japanese Investment Bank Nomura, where she worked as head of FX options trading. He previously worked at Wall Street Banks Citi (C) and Goldman Sachs (GS).
“While clients and liquidity provisions remain our number one priority that we have and want to make investments in trading talent and technology to develop and measure our business,” Shah said in email comments.
Portofino wants to be a dominant player throughout the three major business segments: electronic market making, OTC trading and token services.
“We have rented a lot of high -caliber individuals in London, with further expansion planned in Asia and New York in terms of trade staff,” Shah added.
Portofino was founded by two former Citadel Securities leaders Leonard Lancia and Alex Casimo in 2021. Raised $ 50 million In funding equity in late 2022.
The company is responsible for more than $ 100 billion in the trading volume in 2024, it said.
The company was rebuilding after suffering a lot of departure last year, as CoinDesk reported.
Read more: FCA-Regulated Crypto Trading Firm Portofino Technologies sees Staff’s Exodus
