Wintermute Breaks into Traditional Markets with SEC Approval

Wintermute, a London-based crypto trading firm, has expanded its operations into traditional stocks and options after registering its U.S. subsidiary as a broker-dealer with the SEC and FINRA in August 2026.

The subsidiary, Wintermute USA LLC, will be based in New York City and will provide liquidity to national securities exchanges and over-the-counter (OTC) counterparties.

The company's founder and CEO, Evgeny Gaevoy, stated that the group's long-term vision is for digital asset markets to evolve in multiple interconnected directions, with traditional finance and blockchain infrastructure developing in parallel.

Wintermute currently manages an average daily volume exceeding $10 billion across more than 60 global trading platforms, and will maintain its headquarters in New York with a local team dedicated exclusively to the firm's operations.