Crypto market-making giant Wintermute announces entry into "prediction markets"! Serving as a liquidity provider, offering institutional-grade two-sided quotes

The market is predicted to welcome heavyweight market makers! Top algorithmic trading firm Wintermute, with an annual trading volume exceeding $3.5 trillion, officially announced today (29th) that it will enter the prediction market and serve as a liquidity provider. As the total trading volume of prediction markets skyrockets to $60 billion by 2026, Wintermute has decided to introduce its institutional-grade infrastructure into this space by offering two-sided quotes to narrow spreads. OTC trading executives pointed out that prediction markets are shifting from niche forecasting tools to mainstream financial platforms for trading "event risk."
(Background: Google engineer made $1.2 million betting on prediction markets using internal search data, and was double sued)
(Additional context: Polymarket has launched identity verification blocking 35 countries, entering the KYC era for prediction markets; official denies: only in testing phase)

Table of Contents

Toggle

• Annual trading volume exceeds $60 billion, Wintermute introduces two-sided quotes
• Moving from niche tools to hedge "real-world event risk"
• Perfectly aligns with crypto-native infrastructure

As prediction markets are set to experience historic growth in 2026, top crypto market-making capital is also officially entering the scene.

Global leading algorithmic trading firm and OTC giant Wintermute issued an official announcement today (May 29, 2026), stating that it has begun providing liquidity in the Prediction Markets sector. The company’s average daily trading volume exceeds $10 billion, and it is now expanding the institutional-grade trading infrastructure accumulated across more than 70 exchanges into this rapidly emerging financial sector.

Annual trading volume exceeds $60 billion, Wintermute introduces two-sided quotes

According to data disclosed by Wintermute, the overall trading volume of prediction markets (mainly event contracts) in 2026 has experienced explosive growth, surpassing $60 billion, with several leading platforms maintaining monthly trading volumes over $20 billion.

To meet the increasing trading demand, Wintermute will provide professional two-sided liquidity on major prediction platforms. By continuously posting bid and offer prices in the market, Wintermute aims to achieve three core objectives:

• Significantly narrow bid-ask spreads.
• Support larger-scale institutional trading.
• Improve the reliability of implied "probability" in market prices.

Moving from niche tools to hedge "real-world event risk"

Wintermute OTC trading head Jake Ostrovskis precisely pointed out the current bottlenecks and opportunities facing prediction markets in a statement:

"Prediction markets have demand features for major asset classes, but only early-stage liquidity."

Ostrovskis emphasized that continuous two-sided liquidity is key to making these markets a "reliable source of real-time probability estimates." He noted that prediction markets are undergoing a paradigm shift — evolving from niche online forecasting tools to broad platforms for trading "event risk."

Compared to indirect operations through stocks, interest rates, or crypto assets, event contracts allow investors to directly price the uncertainty of real-world events (such as government policy decisions or major economic data releases). This provides institutional investors with more precise viewpoints and risk hedging channels.

Perfectly aligns with crypto-native infrastructure

This new business expansion closely aligns with Wintermute’s existing advantages in the digital asset space. Currently, most mainstream prediction platforms deeply integrate Web3 technology, including stablecoin pricing, operation on public blockchains, and crypto-native settlement systems.

Wintermute states that this technological commonality allows the company to seamlessly connect its existing business in trading execution, asset custody, collateral management, and risk control, bringing top-tier market-making depth and scalability into prediction markets. For institutional investors interested in participating, the company also offers a dedicated OTC contact channel to assist with large liquidity needs.