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Wintermute raises $2.8m in Series A funding to make crypto markets more liquid and efficient

London based algorithmic liquidity provider for digital assets raised $2.8m in Series A funding led by Lightspeed Venture Partners.

“We made a deliberate decision to be a technology company, not a financial services one, and it’s our tech-first approach that enables us to develop liquidity solutions that will drive the growth of the overall market in both the near and long-term,” said Evgeny Gaevoy, founder and CEO, Wintermute. “This investment from Lightspeed -- a firm that is known for its expertise in disruptive tech innovations -- further validates our vision and enables us to accelerate building of the next generation trading technology.”

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capital markets, crypto, defi, trading