Altcoins News
By Bruce Buterin
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What Two-Sided Markets Actually Mean Here. Two-sided markets aren't complicated in theory. Wintermute sits in the middle, quoting both a buy…
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The Platform Question Nobody Can Answer Yet. Wintermute didn't disclose the specific platforms where it will operate.
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Wintermute's Broader Play. Wintermute has built a serious operation in crypto. The firm is one of the more prominent…
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Wintermute is going into prediction markets. The algorithmic trading firm said it will provide two-sided markets across event contracts on what it called "leading venues" —…
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That last part is worth sitting with for a second. Wintermute made the announcement, committed to the strategy, and then basically kept everything else quiet. No platform names.
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Two-sided markets aren't complicated in theory. Wintermute sits in the middle, quoting both a buy price and a sell price on event contracts, so traders on either side of a bet…
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Prediction markets have had a rough history with liquidity. Platforms that let users speculate on election results, sports outcomes, or economic data releases tend to see…
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Whether that plays out depends heavily on which venues Wintermute actually shows up on. And that's still unclear.
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There are a few ways to read the silence. Maybe Wintermute is still negotiating terms with multiple operators and doesn't want to tip its hand.
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More context: Wintermute Backs Kalshi and Polymarket with $3.5 Trillion Trading Firepower
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It's also worth noting that prediction markets have been under regulatory scrutiny in various jurisdictions.
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Wintermute has built a serious operation in crypto. The firm is one of the more prominent algorithmic market-makers in the space, active across spot and derivatives markets on…
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Event contracts are kind of a different animal compared to perpetual futures or spot tokens.
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Prediction markets have grown as a category over the past couple of years. Interest from both retail and institutional participants has picked up, partly driven by high-profile…
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See also: Weekend Moves Position Altcoins for Fresh June Momentum
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