Which key executives have left Portofino Technologies recently?

The chief revenue officer, Melchior de Villeneuve, and chief of staff, Olivia Thurman, are among the recent senior departures from Portofino.

When was Portofino Technologies founded and by whom?

Portofino Technologies was founded in 2021 by former Citadel Securities leaders Leonard Lancia and Alex Casimo.

Has Portofino Technologies secured any funding?

Yes, Portofino Technologies raised $50 million in equity funding in late 2022.

Home / Business and Economy / Crypto Firm Portofino Faces Exodus of Key Personnel

Crypto Firm Portofino Faces Exodus of Key Personnel

28 Nov

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Summary

Several senior staff members have recently departed Portofino Technologies.
Departures include the chief revenue officer and chief of staff.
The company previously lost its CFO and general counsel earlier this year.

Crypto Firm Portofino Faces Exodus of Key Personnel

Crypto trading firm Portofino Technologies is grappling with a fresh wave of senior staff departures, following similar exits of its chief financial officer and general counsel earlier this year. The latest departures include Chief Revenue Officer Melchior de Villeneuve and Chief of Staff Olivia Thurman, alongside several developers.

These exits come at a challenging time for the firm, which had previously announced plans to expand its international presence with new offices in New York and Singapore. The company, founded by former Citadel Securities leaders, raised $50 million in equity funding in late 2022.

While the company has declined to comment on individual employment matters, CEO Leonard Lancia disputed the characterization of the departures as unilateral resignations. The ongoing exodus raises questions about the firm's stability and future growth prospects in the competitive crypto market.