• Wintermute is a leading global crypto market maker that has birthed 36 millionaires in 2021.
• The company paid its 36 UK staff a total of $83 million in 2021, meaning the firm had an average payout of $2.3 million for each employee.
• Wintermute has inked partnerships with over 50 exchanges and trading platforms, and managed hundreds of millions in assets and traded more than $5 billion per day.
Wintermute is one of the biggest market makers in the crypto space and has made a significant impact on the industry. The company, which is based in the UK, has birthed 36 millionaires in 2021 by paying its 36 UK staff a total of $83 million. This means that the firm had an average payout of $2.3 million for each employee. Moreover, the crypto company paid a whopping $22.5 million to one director in the year, suggesting that Wintermute is indeed a lucrative business.
The surge in crypto prices in 2021 was one of the major reasons why Wintermute was able to pay its staff such large sums. The company made $582 million in profits in 2021 as revenues surged from just $40.4 million in 2020 to $818.5 million. Wintermute’s success is largely due to its role as an essential part of the crypto ecosystem. The company helps create liquid and efficient markets on centralized and decentralized trading platforms. Moreover, Wintermute has facilitated the entrance of traditional financial institutions and high-profile blockchain projects into crypto.
So far, Wintermute has inked partnerships with over 50 exchanges and trading platforms. In 2021, the crypto market maker traded around $1.5 trillion in digital assets. The company currently manages hundreds of millions in assets and trades more than $5 billion per day. Prior to the crypto market crash in 2022, the crypto market maker made an average of $2.3m each year. Furthermore, the company’s founders, presidents and executive directors earned a total of $31 million in 2021, with the highest-paid director receiving $22.5 million.
In conclusion, Wintermute has emerged to be one of the biggest market makers in the crypto space. The company has created an incredible number of millionaires in 2021 and continues to be a major player in the industry. Wintermute helps create efficient markets and has forged partnerships with a variety of exchanges and trading platforms. As the crypto market continues to grow, it is likely that Wintermute will remain one of the most successful companies in the space.