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Coatue-backed market maker Portofino secures Swiss regulatory approval

<span class="acf-media-credit"><span class="acf-credit"><span class="acf-credit"><a href="https://pixabay.com/photos/switzerland-national-flag-wind-sky-3015833/" target="_blank">hpgruesen/ Pixabay</a></span></span><span class="acf-credit"></span></span>
Quick Take
- Portofino Technologies, a crypto marker maker founded by former Citadel Securities executives, has procured a regulatory ruling that enables it to carry out OTC transactions through its Swiss entity.
- Founded in the second quarter of 2021, Portofino raised $50 million in funding from Valar Ventures, Global Founders Capital and Coatue in September 2022.
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Quick Take
- Portofino Technologies, a crypto marker maker founded by former Citadel Securities executives, has procured a regulatory ruling that enables it to carry out OTC transactions through its Swiss entity.
- Founded in the second quarter of 2021, Portofino raised $50 million in funding from Valar Ventures, Global Founders Capital and Coatue in September 2022.

