Wintermute, known as a market maker and liquidity provider, has announced the opening of its new office in New York. This expansion into the U.S. market is an important milestone in the company’s global expansion, highlighting its intention to strengthen interactions with counterparties and partners in America.
This is reported by Finway
In its press release, Wintermute stated that the new representation in the heart of the global financial center will allow the company to work more effectively with American regulators. As part of the expansion, the company has also appointed Ron Hammond, former Director of Government Relations at the Blockchain Association, as its new Head of Policy and Advocacy. Hammond will be responsible for engaging with American regulators, bringing Wintermute’s expertise to discussions on legislative initiatives and coordinating the company’s position on key regulatory issues at both federal and regional levels.
“I am excited to join Wintermute—a global leader in the digital asset market—at a time when the company is establishing its presence in the U.S. We see tremendous opportunities for responsible innovation and closer dialogue with policymakers and industry representatives,” said Hammond.
Hammond’s appointment reflects Wintermute’s commitment to actively participate in shaping cryptocurrency regulation in the U.S. He has nearly a decade of experience in this field, including serving as an advisor to a congressman and participating in the development of key legislation such as the Token Taxonomy Act.
Wintermute’s CEO, Evgeny Gaevoy, also commented on the company’s decision to quickly establish itself in New York, noting that the favorable regulatory environment in the U.S. provides an excellent opportunity for business growth. He emphasized that the company has the necessary expertise to engage with government agencies and has already begun active work in this direction.
It is worth noting that on April 1, 2025, a number of altcoins experienced a sharp price drop due to increased volatility resulting from changes in margin requirements on the Binance exchange. Wintermute found itself in the spotlight as the company was suspected of market manipulation; however, company representatives denied these allegations.