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Crypto

Wintermute Secures US Broker-Dealer Registration for Tokenized Stocks Expansion

Guavy AI Editorial Team
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Wintermute, a prominent crypto market maker and hedge fund, has registered as a US broker-dealer. This move is seen as a significant step towards expanding its presence in the US market.

The company's registration with the Financial Industry Regulatory Authority (FINRA) and Securities and Exchange Commission (SEC) will enable it to offer tokenized stocks to its clients.

Wintermute CEO, Evgeny Gaevski, stated that this development is crucial for the growth of the decentralized finance (DeFi) sector. He emphasized that tokenized stocks will provide greater liquidity and efficiency in trading.

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