Wintermute Distances Itself from New 3AC Venture; Bernstein's Crypto Revenue Predictions

Wintermute, the large crypto market maker, was quick to distance itself from a new fundraise by the co-founders of bankrupt hedge fund Three Arrows Capital (3AC), echoing similar sentiments from the community. Plus, Bernstein expects total crypto revenue to grow by sixteenfold in the next 10 years, from around $25 billion in 2023 to about $400 billion by 2033.