Wintermute Enters US Regulated Markets with Broker-Dealer Registration
Wintermute has made a significant move into the US market by launching its affiliate Wintermute USA LLC as a registered broker-dealer. This registration, completed with both the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA), marks a formal entry for the firm into the US regulated markets.
The new entity will operate in New York and focus exclusively on proprietary trading and exchange-traded product services. Wintermute's expansion into the US is part of its broader strategy to expand its institutional reach, with Evgeny Gaevoy, Founder and CEO of Wintermute, stating that 'digital assets and traditional finance will continue to develop in parallel, intersect in new ways, and ultimately integrate more deeply.'
The registration of Wintermute USA LLC follows the firm's continued investment in the US market, alongside its active engagement with regulators and policymakers on market structure and digital asset regulation. This move is seen as a key milestone for the firm as it strategically positions itself for the emerging tokenized securities landscape.