The company reports 313% growth in OTC trading volumes for 2024, significantly outpacing the broader market.
It predicts 2025 will see major institutional developments including memecoin ETFs and government Bitcoin reserves.
The
cryptocurrency market maker Wintermute revealed interesting growth numbers in
over-the-counter (OTC) trading volumes during 2024, signaling an important shift
in institutional cryptocurrency adoption that's expected to accelerate through
2025.
Wintermute OTC Volume
Surges 313% as Institutional Demand Soars
The firm's
latest analysis shows its OTC trading volumes surged 313% year-over-year,
significantly outpacing the broader crypto exchange market's 142% growth. A
notable milestone was reached in November 2024, when single-day OTC spot volume
hit an all-time high of $2.24 billion, surpassing the previous year's weekly
high of $2 billion.
Evgeny Gaevoy, CEO and Co-Founder, Wintermute
“There will
be a continued increase in institutional interest in digital assets, especially
amongst traditional hedge funds, brokers, asset managers, corporates, and other
custodians of institutional capital, with many looking for tailored products to
manage risk, generate yield, and execute advanced strategies,” Wintermute
commented.
The data
reveals a significant transformation in trading patterns, with a 250% increase
in total spot trades and a 64% rise in unique spot asset pairs traded. Perhaps
most striking was the 210% surge in memecoin trading volumes, reflecting
a notable shift in institutional investment strategies.
Wintermute Projects Record
Institutional Crypto Trading Growth in 2025
Looking
ahead to 2025, Wintermute forecasts several groundbreaking developments,
including the potential launch of a memecoin ETF and the entry of a major bank
into spot cryptocurrency trading and decentralized finance (DeFi). The firm
also predicts that a listed corporation will issue debt or shares to acquire
Ethereum, following MicroStrategy's Bitcoin strategy.
"Likely
to see a wave of innovation, including the introduction of multi-asset crypto
ETFs, that cater to growing demand from retail and institutional investors for
diversified exposure,” the company added.
The report
suggests that 2025 could mark a watershed moment for cryptocurrency adoption,
with predictions of governments, including the United States, beginning
consultations on strategic Bitcoin reserves. This development could trigger
similar initiatives from China, UAE, and European nations.
Recent Updates
In
November, Wintermute completed its first Request for Quote (RFQ) trade on
Finery Markets' institutional crypto trading platform. This partnership
established a hybrid trading model, blending traditional order book
functionality with RFQ capabilities tailored for institutional clients.
As reported
by Finance Magnates in July, Wintermute expanded its presence in
traditional finance (TradFi) by integrating crypto liquidity into oneZero's
EcoSystem. This move enables banks and institutions to access over 350 crypto
trading pairs along with advanced trading features.
The
cryptocurrency market maker Wintermute revealed interesting growth numbers in
over-the-counter (OTC) trading volumes during 2024, signaling an important shift
in institutional cryptocurrency adoption that's expected to accelerate through
2025.
Wintermute OTC Volume
Surges 313% as Institutional Demand Soars
The firm's
latest analysis shows its OTC trading volumes surged 313% year-over-year,
significantly outpacing the broader crypto exchange market's 142% growth. A
notable milestone was reached in November 2024, when single-day OTC spot volume
hit an all-time high of $2.24 billion, surpassing the previous year's weekly
high of $2 billion.
Evgeny Gaevoy, CEO and Co-Founder, Wintermute
“There will
be a continued increase in institutional interest in digital assets, especially
amongst traditional hedge funds, brokers, asset managers, corporates, and other
custodians of institutional capital, with many looking for tailored products to
manage risk, generate yield, and execute advanced strategies,” Wintermute
commented.
The data
reveals a significant transformation in trading patterns, with a 250% increase
in total spot trades and a 64% rise in unique spot asset pairs traded. Perhaps
most striking was the 210% surge in memecoin trading volumes, reflecting
a notable shift in institutional investment strategies.
Wintermute Projects Record
Institutional Crypto Trading Growth in 2025
Looking
ahead to 2025, Wintermute forecasts several groundbreaking developments,
including the potential launch of a memecoin ETF and the entry of a major bank
into spot cryptocurrency trading and decentralized finance (DeFi). The firm
also predicts that a listed corporation will issue debt or shares to acquire
Ethereum, following MicroStrategy's Bitcoin strategy.
"Likely
to see a wave of innovation, including the introduction of multi-asset crypto
ETFs, that cater to growing demand from retail and institutional investors for
diversified exposure,” the company added.
The report
suggests that 2025 could mark a watershed moment for cryptocurrency adoption,
with predictions of governments, including the United States, beginning
consultations on strategic Bitcoin reserves. This development could trigger
similar initiatives from China, UAE, and European nations.
Recent Updates
In
November, Wintermute completed its first Request for Quote (RFQ) trade on
Finery Markets' institutional crypto trading platform. This partnership
established a hybrid trading model, blending traditional order book
functionality with RFQ capabilities tailored for institutional clients.
As reported
by Finance Magnates in July, Wintermute expanded its presence in
traditional finance (TradFi) by integrating crypto liquidity into oneZero's
EcoSystem. This move enables banks and institutions to access over 350 crypto
trading pairs along with advanced trading features.
Damian Chmiel is a Senior Analyst & Editor at Finance Magnates with more than 15 years of experience in the CFD and online trading industry. Active as both a trader and journalist since 2010, he focuses on broker coverage, fintech innovation, and regulatory developments across Europe, the Middle East, and Asia.
His work includes interviews with C-level leaders at major brokerages and fintech platforms, as well as co-authoring Finance Magnates’ quarterly industry benchmarking reports. Damian’s reporting is data-driven, market-aware, and grounded in direct industry engagement. His analysis and commentary have also been cited by external media outlets, including Investing.com, Binance, The Asset, Stockhead, and Dispatch.
Education:
MA in Finance and Accounting, Cracow University of Economics
After Returning Billions Last Year, FTX Starts Another Creditor Payout Round
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
