Digital asset trading firm Wintermute booked $225 million in revenue during the first nine months of 2022, compared to $1 billion for all of 2021, Forbes reported.
In 2021, the firm — led by former Optiver trader Evgeny Gaevoy — reported $582 million in profit. Wintermute has $400 million in equity and $720 million in assets, Gaevoy told the magazine.
The CEO received $12 million last year in the form of dividends paid to shareholders.
Gaevoy told Forbes he is preparing for another 2021-like year, noting that "we don't necessarily care about making the most now because it'll be just a tiny fraction of the bull markets that can come."
(by Frank Chaparro)
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