(Bloomberg) -- Wintermute Trading Ltd. intends to invest about $1 billion in high-frequency trading and artificial intelligence data center infrastructure over the next five years, as the digital assets market maker looks to diversify into traditional markets following a slump in crypto. The $1 billion commitment underscores how steep the price of admission into Wall Street's high-octane markets has become. Alex Gerko's quantitative trading firm XTX Markets said last year that it would spend €1 billion ($1 billion) building five data centers in Finland to buttress its machine learning strategies. "Training and continuously retraining much more sophisticated quantitative models on enormous amounts of market data, as well as having access to compute, storage, and networking capacity, is essential." Wintermute's average daily trading volume has fallen from about $15 billion last year to $10 billion this year, Gaevoy said.