Wintermute becomes liquidity provider for prediction markets

$3.5 Trillion Trading Giant Wintermute Enters Prediction Markets As Liquidity Provider - Intercontinental

Prediction markets have grown from a fringe forecasting tool into a $60 billion sector this year, and now one of crypto’s largest trading firms is moving in. Wintermute, which handles over $3.5 trillion in annual trading volume across more than 70 exchanges, said today that it is quoting two-sided markets on event contracts at leading venues, which collectively see more than $20 billion per month in volume. Much of that flow has come from geopol…

Wintermute pushes into prediction markets with $20b monthly volumes

Wintermute is moving into prediction markets as institutional market makers race to dominate event contracts that already clear more than $20 billion a month. Wintermute, one of crypto’s largest quantitative market makers, has begun providing continuous two way liquidity on…

Wintermute becomes liquidity provider for prediction markets

Wintermute's entry into prediction markets enhances liquidity and efficiency, potentially attracting regulatory scrutiny due to rapid growth. The post Wintermute becomes liquidity provider for prediction markets appeared first on Crypto Briefing.