Wintermute claims 4% approval rate in 2025 crypto funding applications
Jan 8, 2026
< 1 min read
by Hannah Collymore
for CryptoPolitan

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Wintermute Ventures reviewed approximately 600 companies last year and funded only 4% of them. The venture arm of algorithmic trading firm Wintermute completed 23 deals in 2025, with only 20% of the companies that were reviewed reaching proper due diligence and fewer securing investment. The firm’s founder and chief executive officer, Evgeny Gaevoy, sees the […]

