X @Wu Blockchain
Wu Blockchain·2026-08-12 10:53
Wintermute Plans $1B Investment in HFT and AI Infrastructure to Expand Into Traditional MarketsAccording to Bloomberg, crypto market maker Wintermute plans to invest about $1 billion in high-frequency trading and AI data-center infrastructure over the next five years, funded through retained earnings, while expanding into equities, commodities, foreign exchange and prediction markets.CEO Evgeny Gaevoy said average daily trading volume has fallen from about $15 billion last year to $10 billion this year. Non ...