On The Brink with Castle Island

Yoann Turpin (Wintermute) on launching a cryptoasset market making firm (EP. 142)

Oct 28, 2020

Yoann Turpin, cofounder of Wintermute Trading, discusses his background in trading, market structure for cryptoassets, importance of market makers for token launches, role of stablecoins, and Wintermute's decision to raise capital from VCs as a technology firm.

33:52

Creator website

Episode guests

Yoann Turpin

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Highlights

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Episode notes

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Quick takeaways

Market makers play a crucial role in new token launches.

Stablecoins are changing the landscape for traders by improving liquidity.

Deep dives

Insights on Market Comparison Between Various Asset Classes and Crypto Assets

Comparing experiences in different asset classes with crypto assets can provide insights into the potential direction of the market infrastructure. Discussions on exchange landscape, lending, stablecoins like Tether and USDC, capital efficiency, and venture financing shed light on how the market is evolving.

Evolution of Traditional Market Practices in the Crypto Space

01:26

Understanding the Business Model and Market Dynamics

00:58

Intro

6min

Exploring Trading and Investments in the Crypto Market

3min

Exploring Wintermute's Trading Operations and Infrastructure in the Cryptoasset Market

5min

Evolution and Challenges of Crypto Exchanges

11min

Market Making Firms in the Crypto Space

9min

Yoann Turpin, cofounder of Wintermute Trading joins the show. In this episode we discuss:

Yoann’s background in trading and how he made his way to trading cryptoassets
His views on the evolving market structure for cryptoassets and where the industry is headed
How important market makers are for new token launches
The role of stablecoins and how these instruments are changing the landscape for traders
Wintermute’s decision to raise capital from VCs and how they see themselves are a technology firm

To learn more about Wintermute Trading visit their website.

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On The Brink with Castle Island

Yoann Turpin (Wintermute) on launching a cryptoasset market making firm (EP. 142)

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Insights on Market Comparison Between Various Asset Classes and Crypto Assets

Transition from Traditional Trading Background to Involvement in Cryptos

Wintermute's Market Focus and Capital Efficiency Strategies

Impact of Stablecoins, Market Making, and Lending in Crypto Ecosystem

Evolution of Traditional Market Practices in the Crypto Space

Understanding the Business Model and Market Dynamics

Remember Everything You Learn from Podcasts