Key Points:

• Wintermute, a leading market maker in the cryptocurrency industry, intends to broaden its presence in the U.S. by opening a new office in New York and introducing over-the-counter (OTC) trading products.
• The expansion is fueled by optimistic expectations regarding potential regulatory reforms in the U.S. under the Trump administration.

Wintermute is solidifying its strategy aimed at the U.S. market, with CEO Evgeny Gaevoy discussing these plans during a recent appearance on Bloomberg at Consensus Hong Kong 2025.

“We are looking to expand in the U.S. with our OTC offering, and we are looking to expand in the U.S. with derivatives offering as well on the OTC side,” Gaevoy noted.

The firm operates offices in London and Singapore and employs over 100 staff members, all while responding to favorable market conditions driven by expected regulatory changes under President Donald Trump.

Wintermute joins other firms such as Blockchain.com, Circle, Kraken, and others, which are also considering U.S. expansion as part of their growth strategies. The New York office is expected to host an initial team of between five to ten employees but will not engage in trading operations from the new location.