Wintermute targets $1B AI expansion to diversify beyond crypto by 2027

Crypto market maker Wintermute is planning a $1 billion push into artificial intelligence to expand beyond digital assets. The firm aims to grow its non-crypto revenue share from 10% currently to over 50% by 2027. This strategic shift reflects Wintermute's ambition to diversify its business across broader financial markets. The expansion signals a growing trend of crypto-native firms seeking revenue streams outside the volatile digital asset space.
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