TechFlow news, November 27 — According to CoinDesk, Swiss cryptocurrency market maker Portofino Technologies has recently experienced another wave of senior executive departures. Sources indicated that Chief Revenue Officer Melchior de Villeneuve and Chief of Staff Olivia Thurman have both left the company. Additionally, two senior developers, Olivier Ravanas and Mike Tryhorn, as well as two junior developers, have also departed.
This marks the second major staff exodus at Portofino this year. Earlier, the company’s General Counsel and Head of Compliance, Celyn Armstrong, and former CFO Mark Blackborough, left earlier this year and in April, respectively.
Portofino Technologies was founded in 2021 by two former Citadel Securities executives, Leonard Lancia and Alex Casimo, and completed a $50 million equity funding round by the end of 2022. The firm had previously stated it was considering opening new offices in New York and Singapore.
