Bloomberg: Wintermute is in talks with investors including Tencent for financing at a valuation of approximately US$2 billion

According to BlockBeats, on July 19, Bloomberg reported, citing people familiar with the matter, that cryptocurrency trading company Wintermute is in financing negotiations with investors such as Tencent to raise funds at a valuation of approximately US$2 billion.

Early investors and employees can sell some of their shares as part of the deal, the people said. Together with money Wintermute raises from selling new shares, the total transaction could be worth $200 million to $300 million, they said.