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Open corporate vault filled with glowing Solana coins, spotlighting SOL as the new corporate treasury asset, with Bitcoin and Ethereum coins in the background.

Market commentary

Portofino Mint - 15 September 2025

Solana joins corporate treasuries with billion-dollar moves as ETF inflows return.

Illustration of a dramatic chessboard scene symbolizing the crypto market. Bitcoin appears as a tired, slightly slumped king struggling to hold position. Ethereum is a powerful queen piece, glowing and charging forward across the board. Solana and Cronos appear as sleek, modern knight pieces leaping into action. In the background, other altcoins are scattered pawns. A global stage surrounds the board: faint outlines of skyscrapers, Interpol searchlights in the sky, and corporate/financial symbols (like a bank silhouette and a tech icon) looming. The mood is dynamic, with sharp lighting and a sense of momentum. High-contrast, digital-futuristic style.

Market commentary

Portofino Mint - 8 September 2025

ETH at record highs, CRO rockets on Trump news, BTC under pressure.

Illustration of a mountain climb race showing Hyperliquid at the summit with a flag, dYdX midway, and GTE, PerplTrade, and Kuru Exchange beginning their ascent.

Thought leadership

The Race for High-Performance DEXs: Hyperliquid Leads

Hyperliquid leads DEXs, but GTE, PerplTrade & Kuru could reshape the order-book race.

Illustration of the crypto market at a crossroads: Bitcoin hesitates at a fork in the road, while Ethereum, Solana, and Cronos sprint ahead. In the background, Google unveils a blockchain flag, Interpol shines searchlights in a crackdown, and storm clouds represent tariffs and Fed politics.

Market commentary

Portofino Mint - 1 September 2025

BTC stalls, ETH soars, CRO surges, Google joins the blockchain race.

ETH Stealing the Spotlight: A stage scene: Bitcoin sitting on a throne, but Ethereum stepping forward under a spotlight, glowing brighter. Altcoins (SOL, XRP, BNB) lined up behind ETH waiting for their turn. Captures ETH’s surge and “your move, Bitcoin” narrative.

Market commentary

Portofino Mint - 26 August 2025

ETH surges under the spotlight, BTC holds steady, and altcoins wait their turn in market rotation.

Bitcoin surfer riding a big wave, Ethereum surfer catching a slightly bigger swell, with altcoin surfers on smaller but rising waves. Perfect metaphor for "riding the rotation wave.

Market commentary

Portofino Mint - 18 August 2025

ETH leads with $2.9B ETF inflows as BTC cools and altcoins rally on rotation.

Thought leadership

Ethereum’s Next Chapter: Price Rally, Upgrades, and Roadmap to 2027

Ethereum’s rally, upgrades, competitors, and roadmap to 2027.

Digital illustration of a metaphorical cryptocurrency regulation race. The UK flag is positioned just behind a red “Regulation” barrier on the track, while ahead, the EU flag, a stablecoin dollar symbol, the US flag, and a Bitcoin symbol are further along the curved racetrack, symbolizing the UK lagging behind in crypto and stablecoin adoption compared to other markets.

Opinion

The UK’s Crypto Crossroads

UK retail faces hurdles in crypto access while US and EU surge ahead.

Digital illustration of cryptocurrency rotation, showing Bitcoin, Ethereum, and altcoins in a dynamic, colorful market cycle.

Market commentary

Portofino Mint - 11 August 2025

401(k) Bitcoin access, Ivy League investments, Ripple clarity, and tokenization drive crypto gains.

Flat-style digital illustration depicting a plug connecting a green money bag to a floating Mog coin, surrounded by clouds. On the right, a green candlestick chart and upward arrow symbolize rapid market growth. The image conveys the automation and acceleration of meme coin launches.

Thought leadership

Pump.fun and the Meme Coin Machine

Pump.fun turns meme coin creation into a 24/7 on-chain speculation engine.

Dilan speaking during an interview at the Global RegTech Summit in London, discussing regulatory technology trends and innovations

Opinion

Turning Regulatory Change into a Competitive Advantage

Dilan Bastin on transforming regulatory change into strategic opportunity.

A split-screen illustration contrasting two meme coin archetypes. Left side: Rug pull meme coin (e.g., rocket crashing, money flying out, shocked holders) Label: “Extractive: Built to Exit” Right side: Thriving meme coin community (e.g., people with banners, digital culture symbols, code and memes overlapping) Label: “Cultural: Built to Belong” Title Caption: “The Two Faces of Meme Coins”

Thought leadership

More Than a Joke: The Cultural Power of Meme Coins

Meme coins: extractive hype or digital identity? The culture behind crypto’s wildest tokens

A 2D digital illustration symbolizing the current policy developments in the US, Paypal's "Pay with Crypto" programme and eToro's announcement for tokenised US stocks

Market commentary

Portofino Mint - 4 August 2025

From price action to policy, this week had it all.

A 2D digital illustration symbolizing crypto market rotation, featuring coins like Bitcoin, Ethereum, XRP, TRON, and Avalanche shifting positions on a stylized circular track. The image reflects changing market leadership with vibrant, dynamic lighting and a sense of motion

Market commentary

Portofino Mint - 28 July 2025

Altcoins gain traction as Bitcoin steadies and institutions deepen crypto adoption

Thought leadership

Beyond the JPEG: How NFT Utility Is Quietly Evolving

NFTs move beyond art—powering identity, access, and ownership in Web3.

Illustration generated with ChatGPT showing a stablecoin vault with labels: "Licensing", "Reserves", "Audit", and "AML"

Market commentary

Portofino Mint - 16 June 2025

Crypto investment funds hit a record $167B AUM

Promotional image featuring Dipak Shah, Head of OTC Trading at Portofino, alongside the text: 'In Conversation with Dipak Shah – OTC Trading is maturing fast'

Opinion

In Conversation With Dipak Shah, Head of OTC Trading at Portofino

Dipak Shah on crypto OTC trends and why he joined Portofino from traditional finance.

A stylized scene of a rocket-shaped Bitcoin soaring into a clear blue sky above clouds marked “$105K–$110K range,” symbolizing the breakout. Below, Ethereum and Solana balloons rise alongside, each tethered to elements like “ETF inflows” and “DeFi TVL.” Floating in the background are buildings labeled with TradFi names like "BNY Mellon," "Deutsche Bank," and "S&P," connected to the sky by tokenized bridges. A rising sun labeled “Macro Tailwinds” could cast light over the entire scene, reinforcing the sense of a new chapter

Market commentary

Portofino Mint - 14 July

Bitcoin soars to new highs as crypto adoption and ETF inflows accelerate.

Market commentary

Portofino Mint - 7 July

Crypto recap: BTC steady, ETH up, Robinhood’s big move, tariffs & ETF flows dominate

A striking digital illustration depicting a split-screen contrast between a red bear and a green bull, symbolising bearish and bullish market sentiment. A signpost in the centre points to “Inflation” and “Rate Hikes,” highlighting macroeconomic forces driving financial markets. Ideal visual for articles on market volatility, investor psychology, or economic outlooks.

Market commentary

Portofino Mint - 30 June

Crypto markets roared in June with ETF inflows, Circle’s IPO success, & rising stablecoin adoption

Dark blue graphic showing the logos of Portofino and Bitvavo, indicating a partnership or collaboration between the two companies

Announcement

Portofino Now Market Making on Bitvavo

Scenic view of Cannes at sunset, with palm trees lining the coastline, buildings along the promenade, and soft evening lights reflecting over the Mediterranean Sea

Announcement

Thank You for Joining Us in Cannes

Thank you to everyone who joined Portofino in Cannes—great energy & brilliant conversations

Illustration generated with Chat GPT showing a Timeline-Style Evolution of Stablecoins Left to right: Crypto trading → Cross-border → Remittances → Banking infrastructure Caption: “The Rise of Stablecoins: From Niche to Necessity”

Opinion

Stablecoins Go Global

Once a niche tool, stablecoins are quietly becoming financial lifelines around the world

Illustration of Singapore’s skyline featuring Marina Bay Sands and the Singapore Flyer, with prominent warning icons in the foreground: a yellow caution triangle, a Bitcoin symbol, and a clipboard checklist. Text below reads: “SINGAPORE CLAMPDOWN – Deadline set for crypto services abroad.” The image visually represents regulatory enforcement on crypto activity in Singapore.

Market commentary

Singapore Clampdown

Singapore sets June 30 deadline for crypto firms to stop overseas services or face fines

Illustration with Chat GPT showing a split-screen infographic showing two sides:- Left side: Tradfi - Calm stock ticker (e.g., AAPL, FX), limited venues (e.g., NYSE, LSE), a clock showing "9–5"- Right side: Crypto - Dozens of fragmented exchange icons/logos, flashing red/green candles, clocks showing different global time zones, and a Bitcoin chart with 10% spikes

Opinion

How Crypto Market Making Differs from Traditional Finance?

Metaphorical illustration comparing real liquidity and wash trading with two Market Scenes - One with a crowd of diverse traders (representing real liquidity). - One with clones (representing fake volume via wash trades).

Thought leadership

The Pitfall of Crypto Market Liquidity: Wash Trading

Understanding the true role of market makers in building healthy markets

Dark blue graphic showing the logos of Portofino and GORA, indicating a collaboration between the two companies

Announcement

Portofino Now Market Making on Kalichain

Announcement

Portofino Now Market Making on Gora

Dark blue graphic showing the logos of Portofino and P00LS, indicating a partnership or collaboration between the two companies

Announcement

Portofino Now Market Making on P00LS

A split-screen illustration: On the left, a golden pipeline labeled "BTC ETFs" leaks coins downward onto the ground, symbolizing outflows. On the right, a glowing purple pipeline labeled "ETH ETFs" receiving radiant Ethereum coins, positive bar charts in the background.

Market commentary

Portofino Mint - 9 June 2025

Crypto Market Update : Ethereum ETFs massive inflows

Bridge between the traditional financial world and the crypto ecosystem with the IG Group building and Glowing Bitcoin, Ethereum, Binance, XRP symbols on the other

Market commentary

Portofino Mint - 2 June 2025

Crypto Market Update - Institutional interest remains robust and good crypto momentum in the UK

A digital blueprint unrolling across the UK map, with icons representing trust (shield), stability (scales or vault), innovation (blockchain nodes or circuit-style paths), and global reach (globe or network lines).

Market commentary

New UK Crypto Rules Incoming

Hong Kong flag floating above piles of golden crypto coins

Market commentary

Crypto Regulation Update from Hong Kong

Bitcoin appearing on upward charts and trading charts with an arrow showing the upward trend

Market commentary

Portofino Mint - 20 May 2025

Crypto Market Update - Towards a new All-Time-High

Dark blue graphic showing the logos of Portofino and Nodle, indicating a partnership or collaboration between the two companies

Announcement

Portofino Now Market Making on Nodle

Illustration of the Ethereum coin flying over the crypto ecosystem

Market commentary

Portofino Mint - 13 May 2025

Major breakout across the crypto landscape and especially Ethereum ahead of the Pectra upgrade

Dark blue graphic showing the logos of Portofino and Arkham, indicating a partnership or collaboration between the two companies

Announcement

Portofino Now Market Making on Arkham

Illustration of the crypto ecosystem connected to all traditional financial entities representing crypto becoming infrastructure

Market commentary

Industry Trends, Adoption and Policy Developments - 14 Mai 2025

Industry Trends, Adoption and Policy Developments

a warm sun appears between 2 buildings: the left building represents the US regulation bodies, the right building represents the crypto ecosystem

Market commentary

Regulation Watch - 15 April 2025

Crypto Regulation Watch in the US

A black and white President Trump presenting tariffs to all countries on a red background

Market commentary

Portofino Mint - 14 April 2025

Crypto Market Update - 14 April 2025

A red President Trump presenting tariffs on a background made of crypto coins and tokens

Market commentary

Portofino Mint - 8 April 2025

Crypto Market Update - 8 April 2025

Announcement

Adrien Bertholom hire as SVP

Dark blue graphic showing the logos of Portofino and Crypto.com, indicating a partnership or collaboration between the two companies

Announcement

Portofino Now Market Making on Crypto.com

Dark blue graphic showing the logos of Portofino and RULEMATCH, indicating a partnership or collaboration between the two companies

Announcement

Portofino actively trading on Rulematch

Promotional image featuring Dilan Bastin, Head of Compliance at Portofino, alongside the text: 'In Conversation with Dilan Bastin – What does the FCA’s discussion paper 25/1 mean for the crypto regulation in the UK?

Opinion

In Conversation With Dilan Bastin about the FCA 25/1 DP

Key takeaways from FCA’s DP25/1 and why now is the time for the industry to shape the future

Announcement

Heading to Cannes for the Ethereum CC

Heading to Cannes for the Ethereum Community Conference

Circular diagram titled 'Virtuous Circle of Trust' showing four interconnected stages: Enhanced Liquidity, New Investors, Prices Stability, and Healthy Order Book, each represented by an arrow feeding into the next

Opinion

Why Great Market Makers Are Strategic Partners

Great market makers do more than provide liquidity—they’re strategic partners

Illustration of a market maker balancing a scale with cryptocurrencies on one side and trading elements on the other. The left pan contains Bitcoin, Ethereum, and other crypto coins, while the right holds stock charts, buy/sell orders, and financial documents. A figure stands at the center, stabilizing the scale with a trading chart above.

Opinion

What do market makers actually do—and why do they matter?

Discover the crucial role of market makers in crypto

Stack of layered red and green tiles symbolizing order book depth, placed over a digital trading interface with price charts and candlestick patterns in the background.

Opinion

How do you measure the efficiency of a market maker?

Learn how to measure market maker efficiency beyond bid-ask spreads

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