According to The Block, Portofino Technologies, an encrypted market maker launched by former Citadel Securities executives Leonard Lancia and Alex Casimo, has completed $50 million in financing, with participation from Valar Ventures, Global Founders Capital and Coatue at an undisclosed valuation. Portofino Technologies is developing high-frequency trading technology for digital assets and says it has traded billions of dollars on centralized and decentralized cryptocurrency exchanges, as well as over-the-counter. Its clients include institutions and Web3 projects that need access to liquidity in the digital asset market. the