Wintermute plans to invest about $1 billion over five years in high-frequency trading and AI data-center infrastructure as it expands beyond digital assets. The crypto market maker wants traditional markets to generate more than half of its revenue by the end of 2027. Wintermute Targets Over 50% Revenue From Non-Crypto Markets by 2027 Wintermute […] from Bitcoin News https://ift.tt/dIrmGXH
UBS Group AG increased its holdings in Blackrock’s Ishares Bitcoin Trust (IBIT) to about $90 million, a sharp rise that shows growing demand for regulated bitcoin exposure among wealthy and institutional clients. The Swiss bank disclosed the position in a Form 13F filed with the U.S. Securities and Exchange Commission (SEC) on Aug. 13. As […] from Bitcoin News https://ift.tt/sgpK15x