Wintermute CEO Evageni Gevoy says the company wants to focus on expanding its services in the US starting with an office in New York.
According to Bloomberg recently ReportAlgorithm Trading firm and Market-Mekar Wintermute has set its places on the US market. The main office of the firm is in London and recently opened its Singapore office in December 2024, its purpose is to open an office in New York.
At a unanimous Crypto Conference in Hong Kong, Vinarmute’s CEO, Avgani Gevoy, said that the company plans to expand its reach with “newly added focus on the US”.
Gavoy said that Vinwards wants to offer over-the-counter products to American customers as part of its expansion, as well as hire about five to ten more employees to join the firm’s 130-member team. .
Recently, Insider sources claimed that Wintermute received funds at a time under the leadership of Chinese tech firm Tencent Holdings. However, representatives of Tencent and Wintermute have not responded to the request of the news outlet for comments. The first report was reported by Crypto.news, looking at the market -making firm Tencent to raise about $ 300 million, including shares, through the funding round.
In addition, Gavoy said that the team is feeling optimistic about the currently ongoing regulatory changes in the US under Trump Administration. They believe that other countries probably in the case of developing more crypto-friendly rules. Will follow the leadership of
American MPs are particularly focused on the Crypto rules, especially at the national and state levels. On 4 February, appointed Crypto Czar David Sachs organized a media conference, where he outlined Trump’s vision to pursue the Crypto industry in the US.
Sacks especially focused on stablecoins and how they can potentially strengthen the US dollar. Additionally, he stated that “the viability of a strategic BTC Reserve” was the top priority for the Crypto Council.
So far, there are about 24 American states that have initiated the discovery of legislations to set up strategic bitcoin reserves including alleged Alabama, Arizona, Florida, Iowa, Pennsylvania, Vyoming, Utah and many more.
