Key Information
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Mark Blackborough, the Chief Financial Officer of Portofino Technologies, has recently departed from the company, having joined just last September.
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The crypto trading firm announced plans to potentially open offices in both New York and Singapore.
“We can confirm that our CFO is transitioning out of the business. As we scale and adapt to new market opportunities, we’re continuously evolving our leadership team to align with our long-term strategic goals,” a spokesperson stated.
The company further mentioned:
“Leadership transitions, particularly in high-growth environments, are a natural part of creating a resilient organization. Our commitment remains on execution, delivery, and sustainable growth,” the spokesperson added.
Mark Blackborough did not respond to requests for comments before publication.
Previously, he held the position of CFO at Enigma Securities, a digital asset liquidity provider, and has past experience at crypto market maker GSR.
Additionally, Portofino recently communicated its exploration of new office locations in both New York and Singapore.
Notably, the company raised $50 million in equity funding at the end of 2022 and was established in 2021 by former Citadel Securities leaders Leonard Lancia and Alex Casimo. The firm operates under regulations in the UK, Switzerland, and the British Virgin Islands.
For further details on the firm’s ambitious plans, please see the full article on CoinDesk: Crypto Market Maker Portofino Technologies Has Big Plans For 2025.
