Wintermute Backs DEX Vertex Protocol in Strategic Investment

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Arbitrum-based DEX vertex_protocol has raised an undisclosed amount in a strategic investment from the venture capital arm of market maker wintermute_t. BrandyBetz reports

Vertex Protocol, a decentralized exchange for spot and derivatives trading of digital assets, has received a strategic investment from Wintermute Ventures, the investment arm of noted liquidity provider Wintermute.

The investment amount wasn’t disclosed, but the tie-in will see Wintermute providing liquidity for Vertex’s exchange. The duo will also work to “deepen each other’s ties across various business lines,” according to a

 

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