Dipak Shah

Head of OTC Trading

Dipak has 20+ years of experience managing and running trading businesses as a proprietary risk taker and as a market maker in FX and Rates. He has held senior trading roles at Goldman Sachs and Citi in London, Tokyo and Hong Kong as well as being a Macro Portfolio Manager on the buyside with Capula Investment Services in London. He has an MSc in Mathematical Finance from Oxford University and has been a crypto enthusiast for most of his investing career.

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Articles by this author

Illustration of two rivers merging into a central lake labeled “Crypto Market.” The left river, titled “Everyday Finance,” shows icons for remittances, mobile wallets, and stablecoins. The right river, titled “Investment & Infrastructure,” features icons for ETFs, banks, and corporate finance. At the confluence, financial chart symbols represent price discovery, symbolizing how grassroots and investment-driven adoption converge in the crypto market.

Thought leadership

Crypto Adoption in 2025: Two Tracks, One Market

Two-speed crypto adoption: everyday finance and investments converge in the market.

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Bitcoin Ethereum and Solana breaking through a digital glass ceiling symbolizing new crypto all-time highs

Market commentary

Portofino Mint - 6 October 2025

Bitcoin and Ethereum hit record highs as ETF inflows and adoption surge.

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Bitcoin and Ethereum near the rim of a red whirlpool as altcoins sink deeper, symbolizing the liquidity drain after Trump’s tariff shock

Market commentary

Portofino Mint - 13 October 2025

Crypto crash: $20 B liquidations and record volatility shake the market

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A large golden Bitcoin churns dark waters with turbulent ripples, while a glowing gold bar floats above, untouched — symbolizing market shockwaves and gold’s resilience.

Market commentary

Portofino Mint - 20 October 2025

Bitcoin ripples amid ETF outflows and volatility, while gold stands firm as safe-haven demand surges.

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