Wintermute Targets $1B AI and HFT Investment During TradFi Growth

TL;DR

• Wintermute plans to invest up to $1 billion in AI infrastructure and high-frequency trading over the next five years.
• CEO Evgeny Gaevoy announced that the firm’s non-crypto activity will grow from the current 10% to more than 50% of its business by end of 2027.
• The company will double its New York headcount next year and expand its global workforce by approximately 40%.

Wintermute, one of the most prominent market makers in the crypto ecosystem, plans to allocate up to $1 billion toward artificial intelligence data center infrastructure and high-frequency trading over the next five years. The initiative was revealed by its CEO, Evgeny Gaevoy, in an interview with Bloomberg.

The core objective of the investment is to scale the company’s non-crypto activity from the current 10% to over 50% of its total business by the end of 2027. To support that growth, the firm also plans to double the team at its New York office, which currently has 17 people, and expand its global headcount by around 40%.

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