Wintermute Opens U.S. Headquarters in New York, Boosts Crypto Presence

Cryptocurrency market maker Wintermute has announced its plans to establish its first U.S. headquarters in downtown Manhattan, New York, on June 1st. This strategic move comes as the U.S. government has shown increasing support for digital assets and blockchain innovation. The company has also appointed Ron Hammond, a policy veteran, as its Head of Policy and Advocacy.

Wintermute's CEO, Evgeny Gaevoy, stated that the decision to open a headquarters in New York City was driven by the growing friendliness of the U.S. towards digital assets and blockchain technology. This move aligns with the Trump administration's support for the crypto industry, including the appointment of regulatory leaders who are favorable towards cryptocurrencies.

The establishment of Wintermute's U.S. headquarters in New York City is a significant step for the company, as it aims to expand its presence in the world's financial capital. This move is expected to enhance Wintermute's ability to provide liquidity and market-making services to the growing crypto market in the U.S. The appointment of Ron Hammond as Head of Policy and Advocacy further underscores Wintermute's commitment to navigating the regulatory landscape and advocating for the industry's interests.

Wintermute's decision to open its U.S. headquarters in New York City is a testament to the company's confidence in the future of the crypto industry in the U.S. As the regulatory environment becomes more favorable, Wintermute is positioning itself to play a key role in the growth and development of the digital asset market. The company's presence in New York City will not only benefit its operations but also contribute to the city's status as a global financial hub.