Institutional interest in digital assets fueled record over-the-trade (OTC) volume in 2024, crypto market maker Wintermute revealed in a recent report . In its full-year review, Wintermute pointed out that OTC volumes surged nearly 313% in 2024, while traditional financial institutions’ OTC volumes rose by 240%. “We saw record-breaking growth driven by demand for sophisticated products like CFDs and options, reflecting a maturing market that increasingly mirrors traditional finance,” Wintermute Group CEO Evgeny Gaevoy said in the report. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io