Wintermute to Invest $1 Billion in AI and High-Frequency Trading Expansion
Wintermute plans to invest $1 billion over five years in AI infrastructure and high-frequency trading, aiming to generate over 50% of its revenue from traditional markets by 2027. This strategic move marks a significant expansion beyond digital assets into traditional finance.
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Wintermute Bets $1 Billion on AI and High-Frequency Trading Expansion
Wintermute plans to invest about $1 billion over five years in high-frequency trading and AI data-center infrastructure as it expands beyond digital assets. The crypto market maker wants traditional markets to generate more than half of its revenue by the end of 2027.   Wintermute Targets Over 50% Revenue From Non-Crypto Markets by 2027 Wintermute […]
Wintermute plans $1 billion AI push beyond crypto: Bloomberg
The firm aims for non-crypto markets to drive over 50% of revenue by 2027, up from 10% currently, as it seeks to diversify its business.
Wintermute to pour $1B into AI, high-frequency trading amid TradFi expansion: Report
Wintermute will reportedly invest $1 billion in AI infrastructure and high-frequency trading as part of its expansion into traditional finance.