Ex-Citadel execs raise $50M for high-frequency crypto trading platform
Cointelegraph
Published Sep 15, 2022 03:45PM ET
Updated Sep 15, 2022 05:20PM ET
Cryptocurrency startup Portofino Technologies has officially launched its high-frequency trading platform for digital assets, securing major funding from venture capital firms in the process.
In launching its platform, Portofino disclosed that it had raised $50 million in equity funding from Valar Ventures, Global Founders Capital and Coatue. Although Portofino didn’t disclose how the funding will be used, the company has been active on the hiring front, having recruited over 35 employees across 5 global locations.
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Written By: Cointelegraph
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