Wintermute Opens U.S. Headquarters in New York to Strengthen Regulatory Engagement

Wintermute, a leading global algorithmic crypto trading firm and over-the-counter (OTC) desk, has announced the establishment of its U.S. headquarters in New York City. This strategic move is aimed at strengthening the company's relationships with U.S.-based counterparties, regulators, and institutional partners. The decision to expand into the U.S. market comes at a time when the regulatory environment for digital assets has been evolving favorably, presenting an opportune moment for Wintermute to enhance its presence in the world's largest financial market.

As part of this expansion, Wintermute has appointed Ron Hammond as its Head of Policy and Advocacy. Hammond, who previously served as the Senior Director of Government Relations and Institutional Engagement at the Blockchain Association, brings a wealth of experience to his new role. His responsibilities will include leading Wintermute’s U.S. regulatory efforts, shaping digital asset legislation, and coordinating industry-wide responses to federal and state proposals. Hammond's background includes serving as the Financial Services Policy Lead for Rep. Warren Davidson and co-authoring the Token Taxonomy Act, the first bipartisan bill focused on digital asset regulation. His expertise will be crucial in navigating the complex regulatory landscape and advocating for responsible innovation in the digital asset space.

Wintermute CEO Evgeny Gaevoy emphasized that the firm’s U.S. expansion aligns with its long-term mission to actively engage in shaping the digital asset industry. Gaevoy expressed enthusiasm about the firm’s new capabilities to engage with regulators and provide real-world insights to help shape smart, balanced crypto regulation. As a neutral and deeply integrated market participant, Wintermute is uniquely positioned to assist policymakers in understanding the intricacies of the digital asset space. The firm has already initiated dialogues with U.S. regulators, including the SEC’s Crypto Task Force, and plans to continue building these relationships from its new East Coast hub.

The New York headquarters will also enhance Wintermute’s OTC trading and liquidity services for U.S.-based partners. The firm intends to expand its U.S. business development, regulatory, and technical teams in the coming months, further solidifying its commitment to growth in the North American market. This move underscores a broader trend among top crypto-native firms to embed themselves in the evolving U.S. policy ecosystem, positioning for growth as regulatory clarity improves. Wintermute’s proactive approach to engagement and advocacy reflects its dedication to fostering a responsible and innovative digital asset industry.