Full-Time
Digital-asset market maker and liquidity provider
No salary listed
New York, NY, USA
Hybrid
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Wintermute is a global algorithmic trading firm that acts as a major liquidity provider and market maker for digital assets on both centralized and decentralized exchanges. It uses high-frequency trading strategies and advanced trading algorithms to offer competitive bid-ask spreads, earning revenue from price differences. A key product is Wintermute NODE, an OTC trading interface that lets institutional clients execute large trades directly and efficiently. Beyond core market-making, the firm is expanding to bridge TradFi and crypto by embedding digital asset spot and derivatives liquidity into traditional financial ecosystems. This combination of scalable trading platforms, institutional-focused OTC access, and cross-market integration aims to maintain market stability, improve liquidity, and support traditional institutions entering the crypto space.
Company Size
51-200
Company Stage
Series B
Total Funding
$24.8M
Headquarters
London, United Kingdom
Founded
2017
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Health Insurance
Performance Bonus
Company Social Events
Wintermute Trading plans to invest approximately $1 billion over five years in high-frequency trading and artificial intelligence data centre infrastructure as it expands from digital assets into traditional markets. The London-based crypto market maker aims to compete with established firms like Jane Street and Citadel Securities in equities, commodities, and foreign exchange. Founder Evgeny Gaevoy said the investment will fund sophisticated quantitative models and computing capacity. The company will use retained earnings to finance the expansion. Wintermute's average daily trading volume has declined from $15 billion last year to $10 billion this year amid a crypto downturn. Currently, 10% of revenue comes from non-crypto markets. The firm targets over 50% from traditional markets by end-2027.
Wintermute has registered its US affiliate, Wintermute USA LLC, as a broker-dealer with the SEC and FINRA, marking its formal entry into regulated US markets. The registration allows the firm to trade equities and equity options, act as an Authorized Participant for exchange-traded products including those tied to digital assets, and self-clear digital asset securities transactions for its own proprietary account. The New York-based entity will focus exclusively on proprietary trading and ETP services. Globally, the Wintermute group facilitates over $10 billion in average daily trading volume across more than 60 centralised and decentralised exchanges. CEO Evgeny Gaevoy said the move positions the firm for the emerging tokenised securities landscape, as digital assets and traditional finance continue to develop in parallel and integrate more deeply.
Wintermute has obtained a brokerage license in the U.S. 06 Aug, 2026 byDropsTab Join Its Socials Wintermute has registered its U.S. office as a broker-dealer, obtaining oversight from FINRA and the SEC. This paves the way for the company to obtain official market-maker status on the NYSE and Nasdaq exchanges. It will start with crypto-related markets - commodities and digital asset ETFs - and then plans to enter the tokenized equity space if regulatory conditions permit. Wintermute USA has already attracted ETF issuers as clients and expects to compete with Jump Trading, Jane Street, and Citadel Securities within 3-5 years. Upbit will list Kamino (KMNO). 06 Aug, 2026 byDropsTab Join Its Socials Kamino - a landing protocol on Solana +30% in real time Voting on the CLARITY Act postponed until September. 06 Aug, 2026 byDropsTab Join Its Socials Senate Republicans will head into the August recess without voting on the CLARITY Act - legislation review is being postponed until at least September, Politico reports. Senate Majority Leader John Thune confirmed that the chamber is "delaying" the vote. The reason is insufficient support from Democrats, which is necessary to advance the bill. Negotiations are ongoing. Thune could seek cloture before the recess - a procedural move that would allow the vote to be scheduled for when senators return in mid-September; however, the actual vote on the bill would still not take place. Democrats refused to approve a time agreement that would have accelerated remaining business before the recess and brought the crypto legislation to a vote. To wrap up work without dragging the session into next week, Republicans would need unanimous consent from all 100 senators. Upbit and Bithumb will list BSB. 06 Aug, 2026 byDropsTab Join Its Socials Block Street - DeFi protocol for RWA and stocks up 24% at the moment Robinhood lists CASHCAT. 06 Aug, 2026 byDropsTab Join Its Socials Cash Cat is a popular meme coin created by the community on the Robinhood Chain blockchain. +48% to the price amid the news Meta's AI model (banned in the Russian Federation) hacked someone else's system during cybersecurity testing. 06 Aug, 2026 byDropsTab Join Its Socials The company reported that one of its AI models, during testing, hacked into another company's system due to a configuration error in the evaluation environment. According to Reuters, the model gained internet access due to improper configuration and then exploited a vulnerability in a third-party service. The model in question may have been Muse Spark 1.1, which Meta positions as one of its most advanced models for programming and agent-based tasks. Meta emphasized that the incident occurred during controlled testing, not as a result of an actual cyberattack. Previously, similar incidents have been linked to models from other companies, including Anthropic and OpenAI. Don't miss this year's biggest RetroDrop Trade, earn points, and climb for a shot at up to $250K USDC + 7.34B $TRUE
Wintermute expands into U.S. Markets amid regulatory compliance. Wintermute's calculated leap into U.S. Trading. All right, picture this: Wintermute, the digital asset trading maestro, has decided it's game time in the U.S. They've jumped through the hoops and snagged approval from the big dogs - SEC and FINRA. They didn't just stroll in; they registered their affiliate, Wintermute USA LLC, as a full-on broker-dealer, aiming to flex their muscles in the regulated trading scene. A Strategic play on the board. What do Investors Hangout, LLC has on its hands? Well, it's not just some dip-your-toes situation; it's an ambitious dive into the heart of U.S. regulated markets. By establishing Wintermute USA LLC under a regulated banner, they're gearing up to stir the pot in traditional equities and equity options trading. They're cooked to become a conduit for exchange-traded products, especially those linked to digital assets. Now, that's a bold maneuver considering the emerging whirlwind of tokenized securities. The real success will come to those with the know-how to juggle tech finesse with tactical operation in both digital and traditional finance sectors. Evgeny Gaevoy, Wintermute's head honcho, is hedging his bets on digital and traditional finance learning to tango together, and he might just be on to something. Global strategies with local execution. Sitting pretty in New York, Wintermute USA has pulled together a dedicated team focused on staying ahead of market changes and regulatory nuances. Their global reputation speaks for itself - over $10 billion in average daily trading volume - and now, with U.S. registration under their belt, the stage's set for them to make some significant waves. * Strategic engagement with regulators and policy makers. * Continual investment in the U.S. market infrastructure. * Technical and operational ninja moves to bridge traditional and digital asset arenas. Cashing in on the tokenized future. All eyes are on the tokenized securities landscape. Wintermute's readiness to tackle this frontier marks their aspiration to not just ride the wave but steer it. They'll be trading for their own books, so there's none of that client money fuss - just raw, proprietary trading action. The focus? Self-clearing digital asset securities transactions, a solid nod to the emerging market structure that swaps tokenized securities and traditional asset systems. It's all about staying nimble, and Wintermute seems to have that covered by deftly managing operations across institutional realms. Looking ahead: risks and expectations. Of course, with every bold step come the what-ifs. Wintermute's journey carries its own set of uncertainties, just like any other venture dancing with the SEC and FINRA. Forward-looking statements are nice, but it's the uncertainties and real-world shake-ups that can throw curveballs. The numbers and hefty global trading figures are confidence boosters, yet they come wrapped in caveats. Even so, Wintermute's move is one to keep a close eye on. They're setting a foundation where only the seasoned players with enough grit and regulatory savvy will likely thrive. It's not just about expanding; it's about strategically leveraging their know-how and tech prowess over new terrains. CEO Evgeny Gaevoy mentioned, "Digital assets and traditional finance will continue to develop in parallel, intersect in new ways, and ultimately integrate more deeply." Investors should take this as a cue to pay attention to how these worlds collide. The message is clear: Wintermute is in it for the long game, keeping a pulse on how digital assets unfurl and weave into the conventional fabric of finance. A calculated move with risks worth the gamble, provided they've got the chops to juggle evolving landscapes.
B2C2 sale talks: why crypto market makers are in demand. July 26, 2026 Crypto Daily general Positive B2C2, one of the most prominent institutional crypto market makers, is reportedly in active sale talks at a valuation exceeding $1 billion, with a potential $200 million capital raise highlighting surging demand for professional liquidity providers heading into 2026. The news arrives as Bitcoin BTC options open interest hits $5 billion, a milestone that underscores how rapidly derivatives markets are maturing and why deep-pocketed, technically sophisticated market makers have become indispensable infrastructure for crypto exchanges, DeFi protocols, and institutional trading desks. Crypto market making has transformed from a niche function into a high-stakes, capital-intensive business, and B2C2's reported sale process reflects how traditional finance acquirers and crypto-native investors are competing to control the liquidity layer of digital asset markets. The reported deal metrics place B2C2 among the most valuable privately held crypto infrastructure firms globally, alongside rivals such as Cumberland, Wintermute, and Jump Crypto, all of whom are navigating a regulatory environment that is simultaneously tightening and legitimizing institutional crypto trading. Robust liquidity provision is now a prerequisite for any exchange or token project seeking institutional adoption, making this acquisition story directly relevant to BTC price stability, ETH market depth, and the broader health of spot and derivatives trading conditions. Investors and market participants should watch for a formal announcement of the B2C2 transaction, as the acquirer's identity will signal which sector - traditional finance, crypto exchange, or asset management - is most aggressively positioning to own crypto liquidity infrastructure in the next market cycle. Reports of B2C2 sale talks and $5B BTC options OI put market makers center stage. A $1B+ valuation and a possible $200M raise highlight 2026 liquidity demand.