back10 Apr 20241 min read
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New Pyth Data Provider: Portofino Technologies

Today, the Pyth data provider community welcomes Portofino Technologies, a crypto native technology start-up specializing in market making, token services, and Web3 investments.

Portofino Technologies will contribute its proprietary data on cryptocurrencies to help secure the Pyth Price Feeds coverage of digital asset price feeds, and support the greater Pyth mission of delivering reliable, real-time access to price data for blockchain developers globally.

"We are excited to collaborate with Pyth Network and the team on its journey as a decentralized data provider. We look forward to leveraging our in-house proprietary market making technology and experience to contribute to the growth of the Pyth ecosystem” — Leo Lancia, CEO and Co-Founder

Who is Portofino Technologies?

  • Portofino Technologies is a Switzerland-based market maker with 25+ employees based in both London and Zug.
  • Portofino deploys its in-house proprietary market making technology to trade on centralized, decentralized and OTC digital asset markets, and provides token services and treasury management to Web3 companies.
  • Headquartered in Zug, Switzerland, Portofino is a member of the Financial Services Standards Association (VQF), the UK FCA and the BVI Financial Services Commission under the Virtual Assets Service Providers Act

"Pyth’s low-latency oracle and innovative data technology, will be the foundation and growth of DeFi. We are extremely excited to partner with the Pyth team and look forward to enabling our proprietary technology to help contribute to the overall Pyth ecosystem." – Shane O'Callaghan, Global Head of Business Development

The Pyth Network welcomes more data partners to join the ecosystem to support the largest and fastest-growing decentralized marketplace for institutional-grade financial data for smart contract developers.

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