Wintermute Trading Nears $2B Valuation in Tencent-Backed Funding Amid Trump’s Pro-Crypto Revival

  • Wintermute Trading is gearing up for a funding round that could value the firm at $2 billion, potentially involving Tencent.
  • This move is happening in tandem with Donald Trump’s renewed support for cryptocurrencies as he reemerges in the political scene.
  • Notably, Wintermute has established a significant presence, with operations on over 50 platforms and nearly $5 trillion in trading volume.

Discover the latest advancements in crypto market making with Wintermute Trading’s potential $2 billion valuation, featuring insightful views on Donald Trump’s pro-crypto stance.

Wintermute’s Milestone Funding Round

Wintermute Trading, a leading name in crypto market making, is reportedly preparing for a substantial funding round. This could potentially value the company at $2 billion, with significant backing possibly coming from Chinese tech giant Tencent Holdings. This development is noteworthy as it coincides with a broader recovery in the cryptocurrency market.

Details of the Funding Initiative

Insiders suggest that the total funding could range between $200 million and $300 million. This would involve new stock sales by Wintermute as well as the sale of existing shares by early investors. The London-based company, under the leadership of CEO Evgeny Gaevoy, has shown remarkable growth, operating on platforms like Binance, Bybit, and Coinbase.

The Intersection of Crypto and Politics

The evolving relationship between cryptocurrencies and politics is becoming increasingly significant, particularly with Donald Trump’s return to the political landscape. His advocacy for Bitcoin and cryptocurrencies signals a potential shift in campaign financing strategies and political engagement.

Trump’s Crypto-Friendly Policies

Former President Trump’s support for digital currencies is sparking discussions about the role of cryptocurrencies in future elections. His upcoming private fundraising event at a Bitcoin conference illustrates the growing influence of digital assets in political campaigns.

Conclusion

Wintermute Trading’s anticipated $2 billion valuation and Donald Trump’s pro-crypto stance highlight the dynamic interplay between finance and politics. As Wintermute continues to expand and gain influence, and with cryptocurrencies becoming increasingly prominent in political discourse, these developments underscore the transformative power of digital assets in modern finance and governance.

BREAKING NEWS

BEAT Price Soars 40% as Binance Plans BEATUSDT Perpetual Contract Launch on November 12, 2025

COINOTAG News, citing CoinMarketCap data, reports a sharp BEAT...

CIRCLE INTERNET GROUP INC: EXPLORING POSSIBILITY OF LAUNCHING A NATIVE TOKEN ON ARC NETWORK – RTRS

CIRCLE INTERNET GROUP INC: EXPLORING POSSIBILITY OF LAUNCHING A...

BNB Chain to Deactivate Current Multi-Signature Wallet; Users Urged to Migrate to Safe Global for Asset Security

The COINOTAG News briefing dated November 12 confirms that...

Bitcoin Transaction Price Near $104K: Glassnode Signals Critical $100.6K–$108.5K Support–Resistance Zone for the Next Trend

COINOTAG News, citing Glassnode, reports that the Bitcoin on-chain...

$CLANKER, $BEAT listed on Binance futures

$CLANKER, $BEAT listed on Binance futures #CLANKER

Bitcoin Whale Inflows Ease, Hinting at Reduced Selling Pressure

Bitcoin whale inflows to Binance have significantly...

Global Markets Waver on US Shutdown Wait; Dow Rises, Gold Retreats

Crypto markets exhibited mixed performance amid fears of a...

Ripple Hosts UK Treasury Official to Explore Digital Assets Partnership

Ripple President Monica Long hosted U.K. Economic...

Singapore Proposes Digital Economic Agreement Between ASEAN and EU

Singapore proposes a digital economic agreement between...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img