Wintermute to open New York office, focus on OTC and derivatives business

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Cointime2025/02/19 10:12

By:Cointime

the crypto market maker Wintermute plans to enter the US market. CEO Evgeny Gaevoy said the company will open an office in New York in 2025, initially staffed with 5-10 employees mainly responsible for business development. Gaevoy is optimistic about the prospects of the Trump administration's cryptocurrency policies, expecting that multiple regulatory charges against crypto protocols will be dropped. He revealed that the company will focus on expanding over-the-counter (OTC) and derivative businesses, but the new office will not engage in trading activities.

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