36 UK Staff Become New Crypto Millionaires as Wintermute Rakes in $1.5 Trillion11. Januar 2023
• Wintermute, a leading global crypto market maker, paid its 36 UK staff a total of $83 million in 2021, giving birth to 36 new millionaires.
• In 2021, Wintermute traded around $1.5 trillion in digital assets and manages hundreds of millions in assets, trading more than $5 billion per day.
• Presidents and executive directors at Wintermute, including founder w, earned a total of $31 million in 2021.
Wintermute, a leading global crypto market maker, has been making waves in the cryptocurrency industry with its groundbreaking success in 2021. The firm paid its 36 UK staff a total of $83 million in 2021, creating an average payout of $2.3 million for each employee and a whopping $22.5 million to one director. The unprecedented payment came in a year when almost all cryptocurrencies hit all-time highs.
Amid the surge in crypto prices, Wintermute made $582 million in profits in 2021 as revenues surged from just $40.4 million in 2020 to $818.5 million. The company has become an essential part of the crypto ecosystem as it helps create liquid and efficient markets on centralized and decentralized trading platforms. Wintermute has inked partnerships with over 50 exchanges and trading platforms, facilitating the entrance of traditional financial institutions and high-profile blockchain projects into crypto.
In 2021, Wintermute traded around $1.5 trillion in digital assets, managing hundreds of millions in assets and trading more than $5 billion per day. The company has become the go-to crypto market maker for institutional investors and high-net-worth individuals, with its success in the year enabling it to make an average of $2.3 million each year.
The crypto market maker also paid its top executives a total of $31 million in 2021. The highest-paid director received $22.5 million in the year, a sign that the firm has become one of the biggest players in the crypto space. With its continued success, Wintermute may be on track to becoming the next 100x crypto and presales could be seen as early as 2022.