Wintermute, one of the largest suppliers of liquidity on the cryptocurrency market, develops in the United States with the opening of a new office in New York and the introduction of over-the-counter commercial products (OTC) in the country.
Wintermute has plans for a “new additional accent on the United States,” CEO Evgeny Gaevoy told Bloomberg during the Hong Kong 2025 consensus.
“We are trying to develop in the United States with our OTC offer, and we are trying to develop in the United States with derivatives also offering on the OTC side,” said Gaevoy.
The company, which has offices in London and Singapore and employs more than 100 people, is motivated by optimism on potential regulatory changes in the United States under the administration of President Donald Trump.
It is not alone. Other crypto companies that now envisage an American expansion or share sales to the public include Blockchain.com, Circle, Kraken, Gemini Ripple and Bitgo. Bullish Global, the parent of Coindesk, also envisaged an IPO.
The New York office is expected to open its doors later this year, with an initial team between five and 10 employees. Gaevoy said Wintermute will not produce commercial activities outside the new office.
