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
- Wintermute’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.
Wintermute Plans $1B Investment in HFT and AI Infrastructure to Expand Into Traditional Markets
According 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… pic.twitter.com/xhDmXdgnB7
— Wu Blockchain (@WuBlockchain) August 12, 2026
CEO Evgeny Gaevoy told Bloomberg that non-crypto markets currently make up around 10% of the company’s revenue. He wants that number to exceed 50% by the end of 2027. Wintermute plans to fund the investment using retained earnings.
The push comes as crypto trading has slowed. Wintermute’s average daily trading volume has fallen to around $10 billion this year, down from $15 billion in 2025. Bitcoin has also dropped to roughly half its October peak above $126,000.
Institutions made up a record 72% of spot trading volume on Wintermute’s over-the-counter desk in the first half of 2026. The firm was profitable in 2025 and expects to stay profitable this year.
Competing With the Giants
Wintermute is entering a space dominated by firms like Jane Street, Citadel Securities, and XTX Markets. XTX trades more than $250 billion a day and has already announced plans to spend around $1.15 billion on five data centers in Finland. Jane Street is also building its own data center.
Gaevoy said competing in these markets goes beyond shaving microseconds off execution times. Wintermute will use the infrastructure to train quantitative models and increase computing, storage, and networking capacity.
The firm started trading exchange-traded funds and perpetual futures tied to real-world assets in 2025. It added 24-hour exposure to West Texas Intermediate crude in March and opened a prediction markets desk in early 2026.
Broker-Dealer Status Opens New Doors
Wintermute’s US affiliate received broker-dealer status last week. That allows it to trade stocks and stock options and act as an authorized participant for exchange-traded funds.
The company also plans to expand its New York team from 17 employees and grow its global headcount by about 40% next year.
Wintermute is not alone in this shift. Coinbase, Binance, and Kraken have all expanded into tokenized stocks and other products linked to traditional markets.
Riot Platforms, a Bitcoin miner, signed a 20-year lease with Anthropic for 191 megawatts of data center capacity at its Rockdale campus in a deal worth about $9.1 billion, showing how crypto companies are increasingly linking up with broader tech and finance sectors.
Wintermute recorded $582 million in profit during the 2021 crypto bull market, according to Forbes.
Stop guessing and start investing with confidence. KnockoutStocks gives you the AI insights, market intelligence, and stock research you need to spot opportunities, cut through the noise, and make smarter investment decisions — all in one powerful platform.
Sign up today and get 50% OFF full access to our premium stock picks.
Simply use coupon code SPECIAL50 at checkout to claim your exclusive discount.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
