Wintermute’s NYC Power Play: Crypto Giant Eyes US Domination!

Wintermute opens NYC HQ, hires crypto lobbyist Ron Hammond! Will it shape US crypto rules? Uncover the bold move now!

May 15, 2025 - 22:53
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Wintermute’s NYC Power Play: Crypto Giant Eyes US Domination!
Wintermute, a leading crypto market maker handling $15 billion in daily trading volume, made waves on May 15, 2025, by launching its US headquarters in New York City. The London-based firm, known for providing liquidity across 60+ exchanges, also hired Ron Hammond, former Blockchain Association lead lobbyist, as Head of Policy and Advocacy. This strategic move, announced amid optimism for pro-crypto policies under the Trump administration, signals Wintermute’s ambition to shape the US regulatory landscape.
Why is this significant? The US is the world’s largest financial market, but unclear regulations have deterred crypto firms. Hammond’s decade of Capitol Hill experience, including authoring the bipartisan Token Taxonomy Act, positions Wintermute to influence SEC and state policies. CEO Evgeny Gaevoy emphasized a “policy-neutral” approach, with the firm already engaging the SEC’s Crypto Task Force. Seeing Wintermute as a bridge between crypto and regulators.
The impact could be transformative. A friendlier regulatory environment might boost institutional adoption, potentially lifting Bitcoin ($105,000) and other assets. Wintermute’s NYC office, starting with 5–10 employees, plans to expand OTC and derivatives offerings, strengthening its 2,500 global counterparties. However, risks like regulatory delays or market volatility persist.
For beginners, this shows crypto’s growing mainstream clout but highlights the need for caution in a shifting landscape. Will Wintermute redefine US crypto? Share your thoughts below! Follow trafy.io for more crypto insights.
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NOTICE: The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.