Wintermute Enters Wall Street: $3.5 Trillion in Volume and a Challenge to Jane Street! 🏛️🔥
Prominent crypto trader and market maker Wintermute (boasting over $3.5 trillion in volume) has taken a historic step by officially registering as a U.S. broker-dealer.
Key details of the breakthrough:
Ambitious Goals: The team is targeting direct competition with traditional finance heavyweights such as Jane Street and Citadel Securities.
Ready Clients: According to CEO Evgeny Gaevoy, the company has already prepared ETF issuers to work with them.
Scale: The license opens the green light for full-scale trading of crypto ETFs and tokenized stocks, according to the WSJ.
This move is clear proof of how the boundaries between crypto and TradFi are blurring. Institutional capital is entering more widely than ever.
💬 What do you think about Wintermute's expansion? Will they be able to displace Wall Street veterans?
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$UNI $ARB $BNB
Prominent crypto trader and market maker Wintermute (boasting over $3.5 trillion in volume) has taken a historic step by officially registering as a U.S. broker-dealer.
Key details of the breakthrough:
Ambitious Goals: The team is targeting direct competition with traditional finance heavyweights such as Jane Street and Citadel Securities.
Ready Clients: According to CEO Evgeny Gaevoy, the company has already prepared ETF issuers to work with them.
Scale: The license opens the green light for full-scale trading of crypto ETFs and tokenized stocks, according to the WSJ.
This move is clear proof of how the boundaries between crypto and TradFi are blurring. Institutional capital is entering more widely than ever.
💬 What do you think about Wintermute's expansion? Will they be able to displace Wall Street veterans?
👇 Subscribe and share this post! Thank you for your support!
$UNI $ARB $BNB