Crypto Market Maker Wintermute Eyes U.S. Expansion: Bloomberg

Wintermute, a major cryptocurrency market maker with over 100 employees and offices in London and Singapore, is opening a New York office with 5 to 10 employees later this year. This expansion aims to introduce over-the-counter (OTC) trading products, including derivatives, in the U.S. The company's CEO cited optimism about potential U.S. regulatory changes under the Trump administration as a driving factor. While the New York office won't conduct trading activities directly, it represents a significant move by Wintermute into the American market. Several other crypto firms are also considering U.S. expansion or public offerings.