{
  "id": 245174,
  "title": "Crypto market maker Wintermute launches US broker-dealer",
  "url": "https://urgent.news/2026/08/07/crypto-market-maker-wintermute-launches-us-broker-dealer",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-07T00:09:47.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/crypto-market-maker-wintermute-launches-us-broker-dealer"
  },
  "original_language": "en",
  "account": "Wintermute, a crypto market maker, has launched a US broker-dealer affiliate named Wintermute USA LLC. This registration enables the firm to expand into traditional financial services in the US. Wintermute USA is now authorized to trade stocks, stock options, and act as an authorized participant for exchange-traded products, including those linked to digital assets.\n\nWintermute's CEO, Evgeny Gaevoy, stated that the company believes digital assets and traditional finance will evolve in parallel, intersect in new ways, and eventually integrate more deeply. He added that firms with technical and operational expertise to operate in both domains are likely to succeed.\n\nThe registration as a broker-dealer, required by the US Securities and Exchange Commission and FINRA, allows Wintermute USA to provide trading services for customers, on its own account, or both. Authorized participants facilitate the ETF creation and redemption process in the capital markets.",
  "summary": "Wintermute said the registration allows the firm to position itself for the growth of tokenized securities in the US.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}