Wintermute Trading
3 storiesThe business at Wintermute Trading connects institutional counterparties with centralized and decentralized liquidity. The link between centralized and decentralized liquidity and institutional OTC trading is central to the business. Token market making adds another function without changing the entity's basic classification. The strongest reasons to use this tag are changes involving Wintermute Ventures investments, high-frequency trading systems, or DeFi protocol incubation, especially when they alter institutional execution, liquidity and counterparty risk. Separate tagging is appropriate for exchanges, portfolio investments and the assets being traded connected with Wintermute Trading, even where they are distributed, supported or traded through Wintermute Trading.
Wintermute USA Registers as Broker-Dealer to Enter US Securities Market
Wintermute USA has gained SEC and FINRA broker-dealer registration, enabling direct trading of stocks, options, and ETF participation. The move positions the crypto market maker to expand into tokenized securities and regulated US markets.
Wintermute Gains U.S. Broker-Dealer Status to Challenge ETF Gatekeepers
Wintermute's U.S. broker-dealer registration positions the crypto market maker to compete for a direct role in digital asset ETF infrastructure, but key hurdles remain before it can fully rival Wall Street incumbents in the ETF creation and redemption process
Institutions Drive Record 72% of Wintermute Spot Flow
Wintermute's H1 2026 OTC data shows institutions at a record 72% of spot flow as capital clusters in fewer altcoins, retail influence fades, and broad market rallies grow harder to sustain