Insiders: Crypto market maker Wintermute is seeking to complete a $100 million equity financing

According to ChainCatcher, citing sources familiar with the matter, cryptocurrency market maker Wintermute Trading is discussing a round of financing. The company plans to sell $100 million in shares, part of which will go to existing shareholders. Wintermute will also issue new shares, but the specific amount has not yet been determined.

Sources added that negotiations are still ongoing, and details have not yet been finalized.