PANews reported on July 19 that according to Bloomberg, crypto market maker Wintermute Trading Ltd. is negotiating financing with investors including Tencent Holdings Ltd., with a valuation of approximately US$2 billion. According to people familiar with the matter, part of the transaction will allow early investors and employees to sell part of their shares, and combined with the funds raised by Wintermute through the sale of new shares, the total transaction size may reach US$200 million to US$300 million.