Wintermute Secures US Broker-Dealer Status, Eyes Tokenized Stocks
Wintermute, a global crypto market maker, has secured registration as a broker-dealer with the U.S. Securities and Exchange Commission (SEC) and joined the Financial Industry Regulatory Authority (FINRA), giving it a regulated foothold in American securities markets.
The registration allows Wintermute USA to trade equities, equity options, and provide proprietary liquidity across national exchanges, as well as pursue authorized participant roles for exchange-traded products (ETPs), including those tied directly to digital assets.
CEO Evgeny Gaevoy stated that the company aims to challenge established firms like Jump Trading, Jane Street, and Citadel Securities within three to five years. Wintermute's global group handles over $10 billion in average daily trading volume across more than 60 centralized and decentralized venues.