Wintermute Secures US Broker-Dealer Status to Expand Crypto Services

Wintermute has secured broker-dealer status in the US, allowing it to expand its crypto services beyond digital asset liquidity provision.

The firm's American subsidiary is now a registered SEC broker-dealer and FINRA member, enabling proprietary trading in U.S. equities and options.

This approval also allows Wintermute to act as an authorized participant for eligible ETFs, further solidifying its position in the traditional financial markets.

The company's founder and CEO Evgeny Gaevoy stated that they expect conventional finance and blockchain-based markets to continue developing in parallel before integrating more deeply over time.

Wintermute is positioning itself for the growth of tokenized securities, which represent traditional financial assets issued or mirrored on blockchain networks.