According to Bloomberg, crypto market maker Wintermute plans to invest approximately $1 billion over the next 5 years into high-frequency trading and AI data center infrastructure. The funding is expected to come from retained earnings, while the company expands into equities, commodities, forex, and prediction markets. Wintermute CEO Evgeny Gaevoy stated that the company’s daily trading volume has dropped from around $15 billion last year to $10 billion this year, with about 10% of its revenue currently coming from non-crypto markets. The goal is to increase this proportion to over 50% by the end of 2027. The company’s U.S. affiliate has registered as a broker-dealer, enabling it to trade stocks and stock options, and act as an authorized participant for exchange-traded products. Wintermute also plans to double its New York staff from the current 17 employees next year and expand its global workforce by 40%. https://(wublock123.com)/news/wintermute-1bn-investment-hft-ai-data-centers-66373