Wintermute is entering market making again; the spread and depth of the prediction market are finally about to pick up.

According to Cointelegraph, Wintermute is expanding institutional trading into prediction markets, providing two-way liquidity for event contracts on mainstream exchanges, thereby narrowing spreads, supporting larger trading volumes, and enhancing the reliability of implied probabilities. Ostrovskis stated that prediction markets have the characteristics of major asset class data, but liquidity is still in the early stages; ongoing two-way liquidity will improve price signals.