Wintermute Trading

The business at Wintermute Trading connects institutional counterparties with centralized and decentralized liquidity. The link between centralized and decentralized liquidity and institutional OTC trading is central to the business. Token market making adds another function without changing the entity's basic classification. The strongest reasons to use this tag are changes involving Wintermute Ventures investments, high-frequency trading systems, or DeFi protocol incubation, especially when they alter institutional execution, liquidity and counterparty risk. Separate tagging is appropriate for exchanges, portfolio investments and the assets being traded connected with Wintermute Trading, even where they are distributed, supported or traded through Wintermute Trading.