Portofino Technology's General Counsel and Compliance Head Is Latest Senior Exec to Exit

Celyn Armstrong had worked for the crypto trading steadfast for implicit 3 years, and was based successful London.

Apr 24, 2025, 11:01 a.m.

Celyn Armstrong, wide counsel and caput of compliance astatine crypto marketplace shaper Portofino Technologies, is the latest elder subordinate of unit to permission the firm.

He follows Mark Blackborough, the company's erstwhile main fiscal officer, who besides precocious left the business.

"We’re grateful to Celyn for his pivotal relation successful gathering Portofino’s regulatory and compliance infrastructure. His enactment helped america get cardinal licenses and found the beardown controls that underpin our operations today," a Portofino spokesperson said successful emailed comments.

"We’re besides pleased to invited Dilan Bastin arsenic our caller caput of compliance — her expertise volition beryllium invaluable arsenic we proceed to standard responsibly crossed planetary markets."

Armstrong, who was based successful London and had worked for the crypto trading steadfast for 3 years, declined to comment.

Prior to joining Portofino helium worked for ineligible firms including Dentons and Linklaters. He was besides employed by the U.K.'s fiscal services regulator, the Financial Conduct Authority (FCA), for much than six years, according to his LinkedIn profile.

In summation to Armstrong and Blackborough, Cristian Dinu, a quantitative developer, besides precocious near the steadfast to articulation rival marketplace shaper Optiver, according to his LinkedIn profile.

The Swiss institution told CoinDesk past period that it was exploring opening caller offices successful New York and Singapore.

Portofino raised $50 million successful equity backing successful precocious 2022. It was founded by 2 erstwhile Citadel Securities leaders Leonard Lancia and Alex Casimo successful 2021.

Read more: Crypto Market Maker Portofino Technologies Has Big Plans For 2025

Will Canny