Wintermute gains SEC broker-dealer approval to trade U.S. equities, options, and ETFs alongside its crypto operations.
Regulation & Gov ·
Wintermute's U.S. arm registered with the SEC and FINRA, obtaining broker-dealer status that permits the crypto market maker to trade U.S. stocks and options, provide ETF liquidity, and self-clear digital asset securities for proprietary accounts. The New York-based unit will operate as a proprietary trading firm and has already secured ETF issuers as counterparties, with plans to focus initially on crypto-linked markets before scaling into tokenized stocks pending regulatory approval. Wintermute handles over $10 billion in average daily trading volume across more than 60 venues and joins other crypto firms including Ripple, GSR, and Crypto.com in building regulated securities operations as crypto and traditional finance converge.