Full-Time

Legal Counsel

Multiple Teams

Posted on 7/31/2025

Wintermute

Wintermute

51-200 employees

Digital-asset market maker and liquidity provider

No salary listed

New York, NY, USA

Hybrid

Candidates should ideally be US-based, but we can consider UK too.

Category
Legal & Compliance (1)
Required Skills
Blockchain
Requirements
  • 3-5 years of experience practicing law (US-qualified) at a top-tier law firm (inhouse experience is a plus) and leading on commercial disputes and utilizing external counsel or as in-house counsel for a firm specialized in financial services, fintech and/or crypto
  • Experience working in a high-performance, dynamic and high-growth environment is strongly preferred; self-motivation and drive is essential.
  • Strong grasp of commercial law in relation to financial services, e.g. OTC agreements (spot, derivatives and structured products is a strong advantage), lending agreements, financial services contracts, trading agreements and others.
  • Strong general commercial disputes experience and practical ability to advise senior stakeholders on and mitigating regulatory and commercial risks in a practical manner. Ability to handle and manage regulatory document requests or enquiries and commercial disputes on a day-to-day basis.
  • Proven ability to navigate and resiliently work through and unpick novel issues in commercial, regulatory and contentious areas to close out matters in a positive fashion.
  • Not mandatory but a general understanding of the crypto industry and related regulation is a plus, i.e. types of tokens, token governance, DAOs, blockchain foundations; willingness to learn quickly is critical.
  • Curiosity and interest to learn other areas of law and business quickly
  • Proven ability to see the bigger picture and commercial strategy; quickly understand new functional areas and have a cross-functional mindset
  • Ability to be nimble and apply legal concepts to problem-solve, especially in respect of novel issues
  • Strong interest and curiosity in algorithmic trading and decentralized finance.
  • Detail oriented, commercial hands-on attitude to legal and business problems.
  • Experience with MS Office. Willingness to quickly learn new tools as required, e.g. Slack, Google Suite, CRM, CLM (Ironclad and/or Spotdraft)
Responsibilities
  • Lead legal-commercial negotiations: draft and negotiate agreements in relation to our business lines (OTC, liquidity provision, exchange agreements, trading agreements, software agreements, and others)
  • Regulatory research & compliance guidance: work closely with the legal and compliance teams to monitor the legal and regulatory landscapes across jurisdictions; support financial regulatory compliance under each regulatory regime (FCA, MAS, SEC, CTFC, ESMA etc.); advise and support guidance on regulation of decentralized finance and protocols
  • Lead and manage the mitigation of cross-border contentious risk, including responding to enquiries, and utilise external counsel where appropriate to achieve the desired outcomes.
  • Help with the design and implementations of efficient processes and tools required for cross-department collaboration, regulatory compliance or new licensing.
  • Other legal projects: get involved in a wide range of wider legal topics depending on skills, preferences and company needs, including commercial disputes/litigation, employment, and corporate projects.
Desired Qualifications
  • General understanding of the crypto industry and related regulation is a plus, i.e. types of tokens, token governance, DAOs, blockchain foundations; willingness to learn quickly is critical.

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

Simplify Jobs

Simplify's Take

What believers are saying

  • Tokenized gold market surges 80% to $5B, projected at $15B by 2026 end.
  • Wintermute invested $30M in Astriax for AI-led on-chain trading advancements.
  • Strategic November 13, 2025, partnership develops next-gen quantitative trading system.

What critics are saying

  • Jump Trading overtakes market share with 20% faster AI algorithms in 12 months.
  • SEC rules force counterparty disclosures, causing 15-20% client outflows in 6 months.
  • Hyperliquid captures 40% derivatives share, cannibalizing CFD volumes in 12 months.

What makes Wintermute unique

  • Wintermute launched OTC WTI crude oil CFDs on March 24, 2026, for 24/7 trading.
  • Wintermute debuted tokenized gold trading for PAXG and XAUT in May 2026.
  • Wintermute employs delta-neutral strategies to provide liquidity across memes and TradFi.

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Benefits

Health Insurance

Performance Bonus

Company Social Events

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

0%

2 year growth

2%
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Mar 30th, 2026
Astriax Receives $30M Investment from Wintermute to Advance AI-led On-Chain Trading

Asterix, an AI-led trading entity, has obtained a notable investment from Wintermute, a renowned crypto liquidity provider. Specifically, Wintermute has

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CoinDesk
Mar 24th, 2026
Crypto giant debuts oil trading, but it's a different model to Hyperliquid's perps.

Crypto giant debuts oil trading, but it's a different model to Hyperliquid's perps. Leading crypto market maker Wintermute debuts WTI crude oil CFDs - an OTC derivative that lets traders speculate on oil prices 24/7. Updated Mar 24, 2026, 11:17 p.m. Published Mar 24, 2026, 11:13 p.m. * Leading crypto market maker Wintermute debuts WTI crude oil CFDs - an OTC derivative that lets traders speculate on oil prices 24/7. * Flexible execution and margin options allow traders to use fiat or crypto collateral via chat, electronic OTC platform, or API. * CFDs offer bespoke flexibility as opposed to the one size fits all approach of exchange-listed perpetual futures. The Iran war has set oil on fire and crypto exchanges are racing to offer 24/7 trading to fill tradfi gaps, with most copying decentralized giant Hyperliquid's perpetual-futures play. Crypto market-making giant Wintermute is taking a different approach. On Tuesday, its derivatives unit, Wintermute Asia, launched over-the-counter (OTC) trading in WTI crude oil contracts for difference (CFDs). CFD is type of derivative that allows traders to speculate on the price movement of an asset without owning it. Similar to futures, CFDs track the asset's price, but the key difference is that only the difference between the opening and closing prices is exchanged between the trader and the broker when the contract is closed. CFDs are widely popular in traditional markets, particularly in Europe, Asia and Australia, where retail and institutional traders use them to access a broad range of assets from stocks, forex and commodities like oil and gold. These are typically traded over-the-counter and can be tailored in terms of size, duration and margin requirements. This bespoke flexibility allows professional traders and institutions to design strategies that match specific risk-return objectives, rather than conforming to one-size-fits-all derivatives such as Hyperliquid's oil perpetual futures. Wintermute's CFD launch comes amid weeks of intense geopolitical volatility in the Middle East. Escalating tensions between Iran and the U.S.-Israel coalition have left traders in a bind over weekends when traditional finance markets are closed, limiting their ability to adjust positions or manage risk effectively. This led to outsized trading activity on Hyperliquid's energy market perpetuals and prompted WIntermute to offer CFDs. "We are seeing strong demand from counterparties looking to use digital asset infrastructure to trade traditional products like oil. The recent price action made that need much more immediate, as many investors were unable to act until traditional venues reopened," said Evgeny Gaevoy, CEO of Wintermute. "A Wintermute counterparty could have traded the weekend move before the Monday gap or responded immediately to the reversal," Gaevoy added. Note that Wintermute is a counterparty in the CFD. Traders aren't matched with each other; they are trading directly against Wintermute, which is taking on the market risk. The firm is, therefore, leveraging its risk management systems and deep liquidity to monetize demand for 24/7 crude than simply supplying liquidity to perpetual futures. Traders can access WTI CFDs with zero trading fees, using a variety of fiat and crypto assets as margin, the official announcement said. Contracts can be executed via chat, Wintermute's electronic OTC platform, or API. The rollout builds on the recent introduction of tokenized gold, further broadening Wintermute Asia's suite of offerings beyond purely digital assets. More For You 2 hours ago The new 15-year hyperscale lease and $200 million in financing underscore the push into AI data centers. What to know: * Cipher Digital (CIFR) rose 9% in pre-market trading after the former crypto mining company said it signed a 15-year lease with a hyperscale tenant to develop its third high-performance computing data center campus. * The company also secured a revolving credit facility of up to $200 million, with an additional $50...

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Feb 23rd, 2026
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