Bittensor (tao) 
Wintermute Expands into U.S. with New York Headquarters
Wintermute, a leading cryptocurrency market maker, has officially entered the U.S. market by establishing its headquarters in New York City. This strategic move highlights the company’s commitment to expanding its operations globally and strengthening its presence in key financial hubs.
Ron Hammond Appointed Head of Policy and Advocacy
As part of its U.S. expansion, Wintermute has appointed Ron Hammond as its Head of Policy and Advocacy. Hammond, who previously served as the Senior Director of Government Relations at the Blockchain Association, brings nearly a decade of policy expertise to the role. He is notably recognized for authoring the Token Taxonomy Act during his time on Capitol Hill.
Hammond’s appointment signals Wintermute’s focus on becoming a significant contributor to the development of digital asset regulations in the United States. In his statement, Hammond emphasized the opportunities created by the evolving regulatory climate, stating,
“With the regulatory climate in the U.S. becoming more constructive, we see tremendous opportunity to foster responsible innovation.”
In his new role, Hammond will lead Wintermute’s engagement efforts with federal and state policymakers, industry groups, and regulators, including the Securities and Exchange Commission (SEC). The company has already initiated discussions with regulatory bodies to ensure compliance and promote constructive dialogue.
CEO Highlights Local Support and Expansion Plans
Wintermute’s CEO, Evgeny Gaevoy, expressed optimism about the firm’s ability to better support U.S.-based partners through its New York office. The local presence will also enable the company to provide Over-The-Counter (OTC) services more effectively within the region. Gaevoy highlighted Wintermute’s “policy-neutral” approach, ensuring the firm remains adaptive to the evolving regulatory landscape.
As part of its U.S. strategy, Wintermute plans to expand its local team by hiring five to ten additional employees, contributing to its global workforce of approximately 130 professionals. This expansion underscores the firm’s commitment to scaling its operations in the United States.
Global Expansion Continues
The establishment of Wintermute’s U.S. headquarters follows the opening of its Singapore office in late 2024, marking another milestone in its global growth strategy. The firm continues to solidify its presence in major financial hubs, aligning with its mission to provide liquidity across the cryptocurrency ecosystem.
Currently, Wintermute reportedly handles over $15 billion in daily trading volume and operates across more than 60 exchanges worldwide. This impressive scale highlights its role as a key player in the digital asset space.
Positioning Amid Regulatory Optimism
Wintermute’s U.S. expansion comes at a time of growing optimism in the cryptocurrency industry regarding regulatory clarity. With favorable developments under recent administrations, the firm aims to position itself at the forefront of shaping the future of digital asset regulations in the United States.
This move not only reflects Wintermute’s ambitions for growth but also its dedication to fostering innovation and maintaining compliance within the evolving regulatory framework.
