Company Information

Get to know Portis

Founded in 2018 by Tom Teman and Itay Radotzki, Portis was a technology company focused on making blockchain technology and Web3 accessible to a broader audience. Its core product was a non-custodial wallet SDK that could be integrated into dApps, removing the need for users to install browser extensions or manage complex seed phrases. The mission was to provide a familiar Web 2.0-like user experience for interacting with the decentralized web. In 2020, Portis was acquired by the crypto platform ShapeShift to integrate its easy-to-use wallet technology. Subsequently, ShapeShift sunsetted the Portis wallet service in mid-2022 as part of its strategic shift.

Industry

Technology Software Trading PlatformPRIMARY
Crypto Cryptocurrency
Financial Other Service

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Portis

Israel

Founded in

24 May 2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.