The goal of crypto-native high frequency trading company Portofino Technologies has been to develop a solution that will offer liquidity on the biggest cryptocurrency exchanges from the company's founding. The over-the-counter (OTC) division of Portofino Technologies has expanded significantly in the last several months, offering its institutional clients the best rates and extensive liquidity across hundreds of tokens. Now that it is registered with the FCA, Portofino is well-positioned to expand its clientele both domestically and internationally.

Under strict compliance and risk management measures, Portofino Technologies can now trade directly under FCA registration with major banks, trading platforms, brokers, institutional investors, blockchain initiatives, and treasuries in the UK that wish to invest in digital assets.

As one of the few cryptocurrency companies in the UK to receive an FCA registration, Portofino Technologies is already well-established in the institutional crypto business and is widely acknowledged for its dedication to the highest standards of operation.

"Receiving the FCA's approval to operate as a cryptoasset trading firm in the UK is a significant milestone for Portofino Technologies, which will allow us to expand our institutional client base," says Alex Casimo, co-founder and chief operating officer of Portofino Technologies. In the upcoming years, Portofino expects the expansion of its client franchise as a major source of profit, having created our solution for on-exchange trading successfully. With this most recent certification, Portofino Technologies is now authorized to offer OTC services in Switzerland and the UK, confirming our standing as one of the world's most compliant cryptocurrency market makers with respect to regulations.

"The FCA rightly sets a high bar for cryptoasset firms seeking registration, and we are proud to have successfully demonstrated our strong and sophisticated compliance controls," says Celyn Armstrong, General Counsel and Head of Compliance at Portofino Technologies. Our clients in traditional finance as well as digital assets may be certain that we are dedicated to strict regulatory compliance and risk management guidelines.