Wintermute to Invest $1 Billion in AI as Crypto Trading Volumes Decline

NewsThu, 13 Aug 2026 06:23:33 UTC2 hours ago

TLDR

  • Wintermute plans to invest $1 billion over five years in high-frequency trading and AI data center infrastructure
  • The firm wants non-crypto markets to make up over 50% of revenue by end of 2027, up from 10% now
  • Daily trading volume has dropped to $10 billion this year from $15 billion in 2025
  • Wintermuteโ€™s US affiliate just received broker-dealer status, allowing it to trade stocks and options
  • The company plans to grow its global workforce by about 40% next year

Wintermute, the London-based crypto market maker, is planning to invest about $1 billion over the next five years in high-frequency trading and artificial intelligence data center infrastructure. The firm wants to move well beyond its crypto roots and into stocks, commodities, and foreign exchange.

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