{"id":76506,"date":"2026-08-07T17:08:21","date_gmt":"2026-08-07T17:08:21","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/wintermute-registers-as-us-broker-dealer-eyes-tokenized-stocks\/"},"modified":"2026-08-07T17:08:21","modified_gmt":"2026-08-07T17:08:21","slug":"wintermute-registers-as-us-broker-dealer-eyes-tokenized-stocks","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/wintermute-registers-as-us-broker-dealer-eyes-tokenized-stocks\/","title":{"rendered":"Wintermute Registers as US Broker-Dealer, Eyes Tokenized Stocks"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Wintermute USA registered with SEC and FINRA, opening access to regulated U.S. securities trading.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Wintermute\u2019s $10B daily volume could intensify competition with Jane Street and Citadel Securities.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Wintermute targets tokenized stocks and market-maker roles over the next 3-5 years.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Wintermute Challenges Jane Street, Citadel With US Securities Push<\/h2>\n<p>Wintermute is moving deeper into traditional finance, registering its U.S. business as a broker-dealer and setting up a direct challenge to some of Wall Street\u2019s largest market-making firms.<\/p>\n<p>Wintermute USA LLC is now registered with the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). The approval allows it to operate as a regulated proprietary trading firm in U.S. securities markets.<\/p>\n<p>The registration also makes Wintermute eligible to seek designated market-maker roles on exchanges, according to the <a href=\"https:\/\/www.wintermute.com\/insights\/news\/announcements\/wintermute-launches-u-s-broker-dealer-expanding-its-regulated-institutional-reach\" target=\"_blank\" rel=\"noopener noreferrer\">company\u2019s official statement<\/a>. Market makers continuously quote prices to buy and sell securities, helping investors transact without waiting for another order to appear.<\/p>\n<h2>Crypto Liquidity Firm Pushes Into Traditional Markets<\/h2>\n<p>Wintermute said the license allows its U.S. arm to trade equities and equity options for its own account. It can also act as an authorized participant for exchange-traded products, including funds linked to digital assets.<\/p>\n<p>The company may also self-clear transactions involving digital asset securities for its proprietary book.<\/p>\n<p>\u201cOur long-term conviction has always been that digital asset markets will evolve in more than one direction,\u201d Wintermute founder and CEO Evgeny Gaevoy said. He added that digital assets and traditional finance will \u201cultimately integrate more deeply.\u201d<\/p>\n<p>The firm plans to begin with markets closely tied to crypto, including commodities and <a href=\"https:\/\/news.bitcoin.com\/bitcoin-etf\/blackrock-leads-305-million-bitcoin-and-ether-etf-inflow\/\">digital-asset ETFs<\/a>. Wintermute\u2019s global business handles more than $10 billion in average daily trading volume and provides liquidity across more than 60 centralized and decentralized exchanges.<\/p>\n<figure id=\"attachment_837612\" aria-describedby=\"caption-attachment-837612\" style=\"width:1280px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-837612\" class=\"wp-caption-text\">Source: wintermute.com.<\/figcaption><\/figure>\n<h2>Tokenized Equities Could Be the Next Step<\/h2>\n<p>The longer-term opportunity lies in tokenized securities.<\/p>\n<p>Wintermute plans to expand into <a href=\"https:\/\/news.bitcoin.com\/crypto-news\/tokenized-stock-holders-near-1-million-after-92-growth-in-30-days\/\">tokenized stocks<\/a> if U.S. regulators approve a broader market for them. The broker-dealer registration gives it a regulated foundation to participate in that shift.<\/p>\n<p>The company also aims to compete more directly with established firms such as Jump Trading, Jane Street and Citadel Securities over the next three to five years.<\/p>\n<p>Wintermute USA is headquartered in New York and operates with a dedicated local team. The firm said the registration follows increased investment in the U.S. and continued engagement with policymakers over digital-asset market structure.<\/p>\n<p>The move marks a notable change in direction for a company built around crypto-native liquidity. Wintermute is no longer positioning itself only as a bridge between centralized exchanges and <a href=\"https:\/\/www.bitcoin.com\/get-started\/what-is-defi-decentralized-finance\/?_gl=1*ldws9k*_gcl_au*MTc2OTYwMjg0NS4xNzc4NzgwNzM1*_ga*MjE1MTQ4MjQ1LjE3NzA5OTgxMTI.*_ga_ERLPF60ZDD*czE3ODYxMDY3MzQkbzI5NCRnMSR0MTc4NjEwNzM4OSRqNjAkbDAkaDA.\" target=\"_blank\" rel=\"noopener noreferrer\">decentralized markets<\/a>. It is now trying to become a bridge between crypto and Wall Street itself.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/crypto-news\/wintermute-registers-as-us-broker-dealer-eyes-tokenized-stocks\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Wintermute USA registered with SEC and FINRA, opening access to regulated U.S. securities trading. Wintermute\u2019s $10B daily volume could intensify competition with Jane Street and Citadel Securities. Wintermute targets tokenized stocks and market-maker roles over the next 3-5 years. Wintermute Challenges Jane Street, Citadel With US [&hellip;]<\/p>\n","protected":false},"author":3947362377,"featured_media":76507,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/76506"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362377"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=76506"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/76506\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/76507"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=76506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=76506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=76506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}