CoinDesk·3 min read·hard
Crypto market maker Wintermute lands SEC approval to trade equities and ETF blocks
F
Francisco Rodrigues
✦AI Summary
Crypto market maker Wintermute has received approval from the SEC and FINRA to trade equities and act as an authorized participant for ETFs. This move allows the firm to provide liquidity for traditional financial products, signaling a deeper integration between crypto firms and traditional markets.
New York-based Wintermute USA LLC registered with the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). The unit will operate as a proprietary trading firm rather than a retail broker.
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