Wintermute is a sharply growing company specializing in algorithmic trading and a prominent player in the global digital asset market. The firm was established in 2017 by Evgeny Gaevoy, Harro Mantel, and Yoann Turpin. It’s based in London.
Wintermute focuses on liquidity provision over 50 centralized and decentralized exchanges and trading platforms and also offers substantial support to prominent blockchain projects and traditional financial institutions transitioning into the crypto space. It has its own venture arm.
Blending the strengths and expertise of a trading firm and technology startup, Wintermute manages significant assets, handling over $5 billion daily across numerous trading platforms. Simultaneously, being also a technology startup, Wintermute actively develops cutting-edge liquidity products that contribute to the evolution of the more streamlined and decentralized future of financial markets.
One of the main branches of the business activity of the fund is, of course, providing liquidity to the various segments of the trading market, such as Futures, and Spot markets on CEXes, and various liquidity pools on DEXes and DeFi platforms. Besides, there is the Wintermute NODE platform, a professional OTC trading solution.
As a result, Wintermute serves as a market maker for almost all major trading platforms (CEX, & DEX), and liquidity pools.
Wintermute owns a highly profitable trading business and boasts a robust partner network with the world-class venture capital funds like Pantera Capital, Lightspeed, Blockchain.com Ventures, Sino Global Capital, Avon Ventures, DeFi Alliance, which opens up an opportunity for Wintermute to build an A-class portfolio and facilitate the growth of portfolio projects.
Also, don't forget to check out the coolest digests, where the team shares opinions on the current events and breakthroughs in the rapidly changing world of crypto.
In Wintermut’s portfolio, there are such prominent companies as dYdX, Bitpanda Ecosystem, Hashflow, UMA, Router Protocol, Qredo, and many more.
Here is the current balance of interests in the portfolio.
Total number of investments: 27
Project | Score | Date | Price | Status | Industry |
---|---|---|---|---|---|
SubQuery Network | 54 | $0.006 | Past | ||
DexGuru | N/A | N/A | Past | ||
Ethena | 91 | N/A | Active | ||
Thetanuts Finance | 72 | N/A | Past | ||
Taiko | 79 | N/A | Past |
Fund | Score | Type | Project Support | Social Influence | Co-investments |
---|---|---|---|---|---|
Paradigm | High | Venture | Very High | Very High | 2 |
Galaxy Digital (Ventures) | Very High | Venture | High | Very High | 2 |
Dragonfly Capital | Very High | Venture | Very High | Very High | 2 |
Digital Currency Group | Very High | Venture | Very High | Very High | 2 |
Amber Group | Medium | Corporate | Medium | High | 2 |