Wintermute | Jotup

zkLink Nova Unifies Liquidity On-Chain with Token Merge Event

Retrieved on:

Tuesday, April 9, 2024

wBTC, Crypto, Growth, SIG, Elis James, Wintermute, USDC, Risk, L2, DAI, Decentralized finance, USDT, Frustration, L3, Cryptocurrency

SINGAPORE, April 9, 2024 /PRNewswire/ -- zkLink Nova ("Nova"), the first aggregated Layer 3 (L3) ZK-Rollup network with EVM-compatibility, today announced the consolidation of stablecoins and wBTC into single tokens on Nova, enhancing liquidity within the Nova ecosystem, aimed at creating the largest liquidity pool across all Layer 2 (L2) and Layer 3 networks.

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SINGAPORE, April 9, 2024 /PRNewswire/ -- zkLink Nova ("Nova"), the first aggregated Layer 3 (L3) ZK-Rollup network with EVM-compatibility, today announced the consolidation of stablecoins and wBTC into single tokens on Nova, enhancing liquidity within the Nova ecosystem, aimed at creating the largest liquidity pool across all Layer 2 (L2) and Layer 3 networks.
Currently, Nova has achieved asset aggregation, allowing users to deposit native assets from various L2 networks onto Nova for cross-chain asset trading.
As such, Nova has deployed "MergeToken" smart contracts to consolidate assets of the same value from different chains on Nova into a single token (e.g.
Nova will serve as the network on which assets of the same value can be combined into a single token—boosting liquidity of the Nova network as well as overall L2 ecosystem.

WOO X partners with global top trader Pulsar to boost liquidity

Retrieved on:

Wednesday, March 6, 2024

Pulsar, Presto, Trust, WOO, DMM, Wintermute, Partnership, Cryptocurrency

Pulsar's global track record and expertise in providing liquidity on innovative products resonate closely with our strategic vision.

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Pulsar's global track record and expertise in providing liquidity on innovative products resonate closely with our strategic vision.
It's important to note that our focus at WOO X, lies in collaborating with institutional partners who can leverage WOO X’s capabilities to maximize their performance,” said Willy Chuang, COO of WOO X.
We are excited to join forces with WOO X and collectively advance the global crypto system with a focus on transparency and trust,” Pulsar CEO Jacky Chung said for his part.
On March 5th, WOO X expanded its designated market maker (DMM) program to include spot assets , further enhancing its liquidity offerings.

Wintermute Asia Announces Integration with CME Group, Executing its First Block Trade

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Tuesday, November 21, 2023

ETH, CME, CME Group, ABN, ICAP, TP, Ether, Wintermute, TP ICAP, BTC, Growth, OTC, Cryptocurrency

SINGAPORE, Nov. 21, 2023 /PRNewswire/ -- Wintermute Asia Pte. Ltd ("Wintermute Asia"), the digital asset derivatives trading arm of the Wintermute Group, the leading algorithmic trading firm and liquidity provider in digital assets, today announced that it has executed its first options block trade through CME Group. The BTC/USD block was traded between Wintermute Asia and TP ICAP and was cleared by ABN AMRO Clearing Bank N.V.

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The first block trade was completed with TP ICAP and cleared by ABN AMRO Clearing Bank N.V.
SINGAPORE, Nov. 21, 2023 /PRNewswire/ -- Wintermute Asia Pte.
Ltd ("Wintermute Asia"), the digital asset derivatives trading arm of the Wintermute Group, the leading algorithmic trading firm and liquidity provider in digital assets, today announced that it has executed its first options block trade through CME Group.
With more derivative products on the roadmap and through a customized approach, Wintermute Asia can structure almost any trade to address different use cases, trading strategies, and market conditions.
By executing a block trade with TP ICAP on November 16, Wintermute Asia is further demonstrating its commitment to expanding its presence in traditional financial markets by offering secure investment solutions to its counterparties.

EQS-News: Wyden: Strong Growth in 2022 and Further Expansion in 2023

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Saturday, April 15, 2023

Bitcoin, Partnership, FTX, Baader Bank AG, Risk management, Signature, Wintermute, Neo, Copper, CH, OSL, United Kingdom, Growth, Silvergate, Cryptocurrency, Wyden

Zürich (CH), 11 April 2023 – Wyden, a leading global provider of institutional trading technology for digital assets, has given a positive summary of its business performance in 2022, with five more banks connected to Wyden's platform within 2022.

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Zürich (CH), 11 April 2023 – Wyden, a leading global provider of institutional trading technology for digital assets, has given a positive summary of its business performance in 2022, with five more banks connected to Wyden's platform within 2022.
In total, 12 banks are now using Wyden's software platform to enable their customers to trade crypto assets.
The fourth quarter of 2022 in particular stood out as the strongest in terms of revenue in the company's history to date.
Andy Flury, CEO of Wyden: "We are pleased to be able to demonstrate strong growth across the board, even in challenging times like these.

Immunefi Reports $2.3B of Funds Lost in Crypto in 2022

Retrieved on:

Tuesday, October 11, 2022

Singapore, Singapore, Oct. 11, 2022 (GLOBE NEWSWIRE) -- Immunefi , the leading bug bounty and security services platform for web3, protecting over $60 billion in user funds, published its Crypto Losses Q3 2022 Report .

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Singapore, Singapore, Oct. 11, 2022 (GLOBE NEWSWIRE) -- Immunefi , the leading bug bounty and security services platform for web3, protecting over $60 billion in user funds, published its Crypto Losses Q3 2022 Report .
The crypto industry lost $2,328,917,230 so far in 2022.
In total, $93.8M of stolen funds has been recovered in 2022, which represents just 4% of the total 2022 losses so far.
Immunefi guards over $60 billion in user funds across projects like Synthetix, Chainlink, SushiSwap, PancakeSwap, Bancor, MakerDAO, Compound, Alchemix, Nexus Mutual, and others.

TRON and Wintermute Reach Strategic Partnership

Retrieved on:

Monday, September 12, 2022

Geneva, Switzerland--(Newsfile Corp. - September 12, 2022) - TRON is thrilled to announce that Wintermute is now the official market maker for TRX and a strategic partner of the entire TRON ecosystem.

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Geneva, Switzerland--(Newsfile Corp. - September 12, 2022) - TRON is thrilled to announce that Wintermute is now the official market maker for TRX and a strategic partner of the entire TRON ecosystem.
"This latest partnership between Wintermute and TRON is an extension of our efforts to partner with leading DeFi projects and offer our support through what we do best - making markets more liquid," said David Micley, Director of Business Development at Wintermute.
Earlier this month, Wintermute became the latest whitelisted member to join the TRON DAO Reserve , gaining access to mint and redeem USDD , the over-collateralized decentralized stablecoin powered by the TRON network.
Accordingly, Wintermute has a track record of working with the most prominent projects, which is further strengthened by its partnership with TRON and USDD.

Decentralized Exchange Hashflow Onboards Global Market Maker Wintermute

Retrieved on:

Wednesday, August 31, 2022

DeFi trading platform Hashflow has announced the addition of Wintermute , a leading global algorithmic market maker, to the Hashflow ecosystem.

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DeFi trading platform Hashflow has announced the addition of Wintermute , a leading global algorithmic market maker, to the Hashflow ecosystem.
With cumulative trading volumes of more than $1.9 trillion to its name, Wintermute adds significant liquidity and market efficiency to Hashflow.
Coming on the heels of a $25 million funding round bringing the companys valuation to $400 million, the addition of Wintermute builds on Hashflows ever-growing market maker ecosystem expansion.
There is massive opportunity within the Hashflow ecosystem, and we are excited to provide liquidity and market make on Hashflow, said Evgeny Gaevoy, founder and CEO of Wintermute.

TRON DAO Reserve Appoints Wintermute as the Latest Member and Whitelisted Institution

Retrieved on:

Wednesday, August 10, 2022

TRON, Ethereum, TRX, Industry, LERS, Ecosystem, TDR, Reserve currency, Burn, Linked exchange rate system in Hong Kong, BNB, OTC, Wintermute, Record, US, Reserve, USD, Cryptocurrency

The TRON DAO Reserve (TDR), which governs the stablecoin, acknowledged USDD's elastic price against the USD amidst market turmoil but is committed to defending the stability of the ecosystem.

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The TRON DAO Reserve (TDR), which governs the stablecoin, acknowledged USDD's elastic price against the USD amidst market turmoil but is committed to defending the stability of the ecosystem.
As a Member and Whitelisted Institution, Wintermute will advise the TDR and make recommendations to enhance, develop, and supply general aid for the USDD network.
The TRON DAO Reserve website is live, and historical token issuance records are published here live on the TDR website 24/7.
USDD is an over-collateralized decentralized stablecoin launched collaboratively by the TRON DAO Reserve and top-tier mainstream blockchain institutions.

Voltz Launches First Synthetic Interest Rate Swap Protocol for DeFi, Catalyzing New Wave of DeFi Products & Empowering Crypto to Challenge TradFi's $1,000T Exchanged/Year

Retrieved on:

Wednesday, June 1, 2022

LONDON, June 1, 2022 /PRNewswire-PRWeb/ -- Voltz Protocol launches DeFi's first synthetic, capital-efficient interest rate swap (IRS) AMM, providing the framework for DeFi to compete with TradFi's $1,000T IRS exchanged per annum and unlocking a new realm of possibilities for dapps to serve the financial needs of the world.

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This is why we're so excited to bring Voltz Protocol to DeFi, the first synthetic IRS protocol that will unlock a tidal wave of new products for the ecosystem."
Voltz Protocol will initially launch with Aave and Compound base stablecoin rates and will add many other markets in the coming months, including Lido's stETH.
Voltz Protocol is DeFi's first synthetic interest rate swap (IRS) AMM and is highly capital efficient.
Voltz Protocol is composable, permissionless, and open-source, providing developers with the foundation to build the future of DeFi.

Mercury Digital Assets Partners with Wintermute to Provide Clients with Liquidity For OTC Cryptocurrency Trading

Retrieved on:

Wednesday, February 2, 2022

Bitcoin, Ethereum, Partnership, CEO, Mercury, Asset, ATM, GBP, OTC, Solution, Cryptocurrency, Wintermute, USD, EUR

CHICAGO, Feb. 2, 2022 /PRNewswire/ -- Mercury Digital Assets ("Mercury"), the leading digital asset and cryptocurrency trading technology provider, announced today they have officially partnered with Wintermute, one of the largest market making firms, to provide their clients with access to Wintermute's institutional-grade liquidity.

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CHICAGO, Feb. 2, 2022 /PRNewswire/ -- Mercury Digital Assets ("Mercury"), the leading digital asset and cryptocurrency trading technology provider, announced today they have officially partnered with Wintermute, one of the largest market making firms, to provide their clients with access to Wintermute's institutional-grade liquidity.
Mercury clients using their automated OTC platform solution ( BEACON OTC ) and their order & execution management system ( BEACON ) will now be able to access Wintermute's liquidity for OTC cryptocurrency trading.
The partnership will add unique value for mutual clients of Wintermute and Mercury.
Evgeny Gaevoy, Founder and CEO of Wintermute said about the partnership, "The collaboration with Mercury Digital Assets is a great fit with our shared experience in the fintech industry and the growing importance of OTC trading in digital assets.