Prediction markets draw Wintermute as crypto firms chase liquidity
Wintermute has entered prediction markets as a liquidity provider, bringing professional market-making capacity to a sector that has grown into a major venue for trading real-world event risk.Wintermute will provide two-sided liquidity across prediction market platforms, helping improve execution depth and bid-ask spreads.Prediction markets surpassed $60 billion in trading volume in 2026, with monthly activity reaching $20-$25 billion.Kalshis rapid growth and recent $22 billion valuation show rising institutional interest, while regulators increase scrutiny of event contracts. Wintermute said the firm will quote both buy and sell prices across active event contracts on leading prediction market platforms. The company said its role will focus on improving liquidity in markets that have drawn heavy user demand but still face limits around execution depth. Wintermute targets event-contract liquidity According to Wintermute, prediction markets now require the same trading infrastructure used across digital asset markets. The firm cited execution, custody, collateral management, and risk controls as areas where its existing crypto systems overlap with event-contract trading. The company has handled more than $5 trillion in cumulative trading volume across more than 50 digital asset venues. Wintermute said that experience enables it to support two-sided markets where users need tighter pricing and deeper books. Jake Ostrovskis, Wintermutes head of OTC








