Exploring Wintermute's Strategy in Traditional Capital Markets

In this episode, Santi and Jason sit down with Omar and Nick from SecondLane and Evgeny from Wintermute to dive deep into the underbelly of crypto token markets. They explore the lifecycle of a token from seed rounds to secondary markets to public trading, discussing the critical role of market makers, the impact of token unlocks, and the evolving sophistication of crypto funds. The group also examines the current state of the market, retail and institutional dynamics, and the importance of treasury management and team communication for token projects.

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Timestamps:

(00:00) How Tokens Trade

(05:16) Role of Market Makers

(09:23) What's Wrong with Tokens?

(18:59) Importance of Token Unlocks

(22:51) Token Auctions

(31:58) Picking a Market Maker

(36:05) Aura Ad

(36:40) Skale Ad

(38:11) Where are we this cycle?

(58:50) Crypto Fund Sophistication

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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.