Crypto market maker Wintermute lands SEC approval to trade equities and ETF blocks
60-second summary
Wintermute, a prominent crypto market maker, has secured SEC approval to trade US equities and options, as well as support ETFs, marking a significant step towards convergence with traditional markets. This development enables Wintermute to expand its services, potentially facilitating seamless transitions between crypto and traditional assets, further blurring the lines between the two.
The crypto market maker can now trade US stocks and options and support ETFs as crypto moves closer to traditional markets.