Winter Mute, A leading market creator in digital assets is looking for Establish its American foothold With a new office in New York City, the world’s global business hub
The company has already opened offices in London and Singapore.
Talk to Bloomberg on February 19 At the event Consensus 2025, CEO Evgeny Gaevoy said that expected favorable crypto regulations according to the Trump administration are an important driving force behind the planned feature.
Change the game
The newly established administration can lead to the dismissal of many charges against cryptoprotocol, according to Gaevoy. He also predicted that the United States could become a global leader in Cryptocurrency regulation and influence other jurisdictions.
Gaevoy said that Wintermute’s US extension will initially concentrate on OTC offers (OTC), including derivatives.
The company strives for an office setting in New York this year, with a team of five to ten, focused mainly on business development and operations. Gaevoy confirmed that Wintermute has no immediate plans for trading activities in the US
“We want to expand in the US with our OTC offer, we want to expand in the US with derivatives also on the OTC side,” he said.
The head of market manufacturer -giant also discussed the MEME coin phenomenon; He described it as a “big move on crypto.” Gaevoy claimed that the Meme tokens divert liquidity from established projects, with reference to Trump Meme coins as an example.
He explained that the launch of new tokens often leads to a “massive sale” of existing MEME coins and challenges the Cryptocurrency market as a whole. However, Gaevoy added that the price declines in new tokens are a normal market cycle and are not affected by companies like Wintermute.
The company recently arrived under review after a cryptic market scraper on February 3 after Trump’s planned tariffs.
The decline led to massive liquidations over Cryptocurrencies, with estimates from $ 2 billion to over $ 10 billion over exchanges. That day Bitcoin fell to approximately $ 91,300 and most altcoins published double -digit losses.
Still a new market
A number of crypto dealers and investors blamed winter mute as well as others for the crashes. Prosecutions arose that Wintermute, as a market creator, may have been involved in activities such as aggravated market decay, potentially to earn from liquidations.
In response, Gaevoy stated that crypto market accidents were caused by events outside the crypto sector, such as US political change, rather than internal market manipulation. Gaevoy pointed his fingers at Tradfi event, which he thought had a direct impact on the crypto market.
Increasing regulatory pressure has led the company to shift focus to Asian markets for a while now, Yoann Turpin, Wintermute co -founder, formerly to Bloomberg. Countries such as Hong Kong, Singapore and Dubai have introduced pro-crypto legislation and created a more welcoming environment for crypto companies.
Now, with Trump’s return to power, the American Congress has switched to one of the most pro-crypto congresses in US history. Against the background of this displacement, Wintermute strongly sees an expansion to the US market.
Wintermute is not alone; Several industry players put their views on the power market.
Tether is deep
Last month, Tether CEO Paolo Ardoino said that the company sees an improved expansion in the United States, but takes a cautious attitude due to the current uncertain regulatory environment.
Tether recently moved his business to El Salvador. Despite this, the latest reports indicate that the United States remains the tea’s targets. Ardoino was reportedly in direct conversations with members of the congress to influence the regulations for Stablecoins.
Another prominent name, Ton Foundation, recently appointed Manuel Stotz as his new president in a strategic feature to expand to the US market. The company also counts supporting crypto policy according to Donald Trump’s potential presidency.
The foundation aims to utilize this policy, such as a proposed national Bitcoin warehouse, to position the United States as a leader in digital assets.
