Wintermute Expands U.S. Presence with New Office and OTC Products

Wintermute, a major cryptocurrency liquidity provider, is expanding into the U.S. with a new office in New York and OTC trading products.

  • The expansion focuses on OTC offerings and derivatives.
  • CEO Evgeny Gaevoy emphasized optimism regarding potential regulatory changes in the U.S.
  • Other crypto firms also considering U.S. expansion include Blockchain.com, Circle, Kraken, Gemini, Ripple, and BitGo.
  • The New York office will open later this year with 5 to 10 employees.
  • Wintermute will not conduct trading from the New York office.