Wintermute will reportedly invest $1 billion in AI infrastructure and high-frequency trading as part of its expansion into traditional finance. Crypto market maker Wintermute reportedly plans to invest up to $1 billion in artificial intelligence (AI) data center infrastructure and high-frequency trading over the next five years. Wednesday’s report said that as part of the plans, Wintermute will also double the staff in its 17-person New York office next year and expand its global headcount by about 40%. Wintermute is the latest crypto-native firm to expand into traditional finance (TradFi), as digital assets trading platforms add tokenized traditional assets in pursuit of new revenue streams. Some of the largest crypto exchanges that launched tokenized stock offerings include Coinbase, Binance and Kraken.