Finance, Market Makers, Crypto, Hiring, Exclusive, News Celyn Armstrong had labored for the crypto buying and selling agency for over three years, and was based mostly in London. 

Celyn Armstrong, basic counsel and head of compliance at crypto market maker Portofino Technologies, is the most recent senior member of workers to depart the agency.

He follows Mark Blackborough, the corporate’s former chief monetary officer, who additionally just lately left the business.

“We’re grateful to Celyn for his pivotal role in building Portofino’s regulatory and compliance infrastructure. His leadership helped us obtain key licenses and establish the strong controls that underpin our operations today,” a Portofino spokesperson stated in emailed feedback.

“We’re also pleased to welcome Dilan Bastin as our new head of compliance — her expertise will be invaluable as we continue to scale responsibly across global markets.”

Armstrong, who was based mostly in London and had labored for the crypto buying and selling agency for 3 years, declined to remark.

Prior to becoming a member of Portofino he labored for authorized corporations together with Dentons and Linklaters. He was additionally employed by the U.Ok.’s monetary companies regulator, the Financial Conduct Authority (FCA), for greater than six years, in keeping with his LinkedIn profile.

In addition to Armstrong and Blackborough, Cristian Dinu, a quantitative developer, additionally just lately left the agency to hitch rival market maker Optiver, in keeping with his LinkedIn profile.

The Swiss firm instructed CoinDesk final month that it was exploring opening new places of work in New York and Singapore.

Portofino raised $50 million in fairness funding in late 2022. It was based by two former Citadel Securities leaders Leonard Lancia and Alex Casimo in 2021.

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

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