Wintermute

Crossover Markets cofounders (left to right): Anthony Mazzarese (CCO),  Brandon Mulvihill (CEO),  Vladislav Rysin (CTO) (Crossover Markets)
Crypto Execution-Only Platform Crossover Markets Raises $12M
The Series A round was led by Illuminate Financial and DRW Venture Capital.
Crossover Markets cofounders (left to right): Anthony Mazzarese (CCO),  Brandon Mulvihill (CEO),  Vladislav Rysin (CTO) (Crossover Markets)

Wintermute CEO Evgeny Gaevoy (Danny Nelson/CoinDesk)
Crypto Trading Firm Wintermute to Provide Liquidity for Hong Kong Bitcoin and Ether ETFs
The market maker will provide liquidity for OSL Digital Securities and Haskey HK Exchange, both of which are sub-custodians of platforms facilitating the operation of the bitc...
Wintermute CEO Evgeny Gaevoy (Danny Nelson/CoinDesk)

Hong Kong Could See Spot Bitcoin ETFs Soon; Friend.Tech Money Metrics Surge
Hong Kong Could See Spot Bitcoin ETFs Soon; Friend.Tech Money Metrics Surge
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Hong Kong regulators are expediting the process to approve the...
Hong Kong Could See Spot Bitcoin ETFs Soon; Friend.Tech Money Metrics Surge

Willy Chuang, WOO X chief operating officer (WOO X)
WOO X Introduces Meme Coin, Layer 2 Index Perpetuals in Partnership With Wintermute, GMCI
Indices provider GMCI’s MEME index includes top meme coins like SHIB, PEPE and DOGE, while the L2 index monitors leading blockchain scaling tokens like MATIC, IMX and OP.
Willy Chuang, WOO X chief operating officer (WOO X)

OTC volumes in 2023. (Wintermute)
Crypto OTC Volumes on Wintermute Soared 400% in 2023
The market maker said the uptick in over-the-counter trading was due to volumes moving off-exchange.
OTC volumes in 2023. (Wintermute)

(Unsplash, Kanchanara)
Wintermute Asia Processes Its First Options Block Trade Through CME Group
The market maker partnered with CME Group to meet the growing institutional investors' interest in gaining exposure to digital assets.
(Unsplash, Kanchanara)

A reply to DWF's Andrei Grachev is what got the market-maker battle going. (LinkedIn)
‘You Can Do Nothing’: Crypto Trading Titans Are Yelling at Each Other on Elon Musk’s X
“I never thought that you could be THAT scared of us,” DWF’s Andrei Grachev posted on X. Wintermute’s Evgeny Gaevoy: “We are trembling in your presence.”
A reply to DWF's Andrei Grachev is what got the market-maker battle going. (LinkedIn)

Crypto markets fell sharply on Monday (Rob Mitchell/CoinDesk)
Trading Firms Deposit Millions in BTC, ETH and ARB to Exchanges as Crypto Sell-Off Intensifies
Bitcoin slid to a three-month low on Monday and ether tumbled to its weakest level since March.
Crypto markets fell sharply on Monday (Rob Mitchell/CoinDesk)

Wintermute CEO Evgeny Gaevoy (Danny Nelson/CoinDesk)
Yearn Finance Voters to Wintermute: Drop Dead
One of the biggest market makers in crypto is having trouble getting nearly free money out of Yearn Finance.
Wintermute CEO Evgeny Gaevoy (Danny Nelson/CoinDesk)

(Aaron Burden/Unsplash)
Wintermute, a Major Trader, Is a Key Player in Arkham’s Controversial Dox-to-Earn Platform
The liquidity provider just withdrew 8 million of Arkham’s ARKM token from Binance, increasing its position by 731%.
(Aaron Burden/Unsplash)