ARPA Partners with Leading Global Algorithmic Market Maker Wintermute

ARPA Official
3 min readDec 28, 2021

We are delighted to announce our strategic partnership with Wintermute, a leading global algorithmic market maker in digital assets. Wintermute will help ARPA for liquidity provision on multiple centralized and decentralized exchanges and support ARPA fiat currency pairs such as ARPA/EUR, ARPA/USD, etc. Wintermute can also help facilitate bulk transactions via OTC. In the near future, ARPA will expand our collaboration potentials on the product side.

Backed by the top-tier technology and blockchain venture capital firms, Wintermute provides liquidity on over 50 exchanges and trading platforms, including Binance, Coinbase, Huobi Global, Kraken, FTX, Bitfinex, Bitstamp, dydx, and Uniswap. Wintermute’s cumulative trading volume reached over $766 billion as of July 2021.

We believe liquidity and accessibility are crucial to any assets. Our team is dedicated to providing the best-in-class liquidity, accessibility, and use cases for $ARPA as a global asset. $ARPA is widely accessible on leading exchanges including Binance, Coinbase, Huobi Global, Uniswap, Gate.io, KuCoin, and many more with aggregated daily trading volume exceeding $1.5 billion, which puts $ARPA among the top 20 most-traded tokens in the world.

We believe the partnership with Wintermute will help us further improve the availability, liquidity, accessibility, and overall market efficiency in centralized and decentralized trading platforms.

Felix Xu, Cofounder and CEO of ARPA, noted, “Among many things that align with ARPA’s values, Wintermute’s tech-first approach stands out. We believe with their expertise, the liquidity of ARPA tokens will further improve, and the adoption of the asset as well as our technology will be seen on a wider scope. Soon enough, ARPA holders will enjoy stronger market efficiency and easier accessibility across both crypto and fiat sides.”

Commenting on the partnership, Wintermute added, “As advocates for continuing innovation in DeFi, Wintermute is excited to be strategically partnering with ARPA to rethink how data is handled and analyzed. We look forward to following how ARPA will enable entities to collaborate while keeping data protected and secure.”

We hope to embrace the cutting-edge blockchain-native innovations and explore the full spectrum of cryptographic applications in the blockchain.

About Wintermute

Wintermute is a new generation algorithmic trading firm that uniquely merges technological sophistication and best practices from traditional capital markets, the culture and speed of a hyper-growth technology startup, and the cutting edge innovation of a blockchain-native company. Wintermute was founded in July 2017 by three Optiver veterans. Wintermute is a leading market maker of digital assets globally. Supporting many high-profile blockchain projects, the firm manages hundreds of millions in assets and trades more than $4B+/day across dozens of different trading platforms.

About ARPA

ARPA is a blockchain-based solution for privacy-preserving computation, enabled by Multi-Party Computation (“MPC”). Founded in April 2018, the goal of ARPA is to separate data utility from ownership and enable data renting. ARPA’s MPC protocol creates ways for multiple entities to collaboratively analyze data and extract data synergies while keeping each party’s data input private and secure. ARPA allows secret sharing of private data, and the correctness of computation is verifiable using the information-theoretic Message Authentication Code (MAC).

Developers can build privacy-preserving dApps on blockchains compatible with ARPA. Some immediate use cases include: credit anti-fraud, secure data wallet, precision marketing, joint AI model training, key management systems, etc. For example, banks using the ARPA network can share their credit blacklist for risk management purposes without exposing their customer data or privacy.

Team members have worked at leading institutions such as Google, Amazon, Huawei, Fosun, Tsinghua University, Fidelity Investments. ARPA is currently assisting the China Academy of Information and Communications Technology in setting the national standard for secure multi-party computation. ARPA is a corporate member of MPC Alliance and IEEE and is in partnership with fortune 500 companies to implement proofs-of-concept and MPC products. In 2019, ARPA was named the Top 10 most innovative blockchain companies in China by China Enterprise News and China Software Industry Association.

For more information about ARPA or to join our team, please contact us at about@arpachain.io.

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ARPA Official

ARPA is a privacy-preserving blockchain infrastructure enabled by MPC. Learn more at arpachain.io