$50M for high-frequency crypto trading exchange

(Last Updated On: September 16, 2022)

Ex-Citadel execs raise $50M for high-frequency crypto trading platform

So many cryptoexchanges s are being launched iately including Fidelity. Here are the details of it called Portofino:

Portofino was founded in 2021 by former Citadel Securities employees Alex Casimo and Leonard Lancia. The company is building crypto-focused high-frequency trading technology, which is mainly used by hedge funds. While the company is only now coming out of stealth mode, it claims to have traded billions of dollars across centralized and decentralized crypto exchanges.


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