London-based Wintermute, a crypto market maker focused on high-frequency algorithmic trading and market-making services, has raised $20M (approx €16.4M) in its Series B round of funding. The round was led by Lightspeed Venture Partners.
“Wintermute has grown almost 25 times since Lightspeed led the company’s Series A round just six months ago,” says Jeremy Liew, partner at Lightspeed. With this investment, Jeremy Liew will join Wintermute’s Board of Directors.