Wintermute secures U.S. broker license, targets crypto ETF and tokenized stock trading

Wintermute has obtained a U.S. broker license from regulators and plans to trade commodities, crypto ETFs and tokenized stocks subject to regulatory approval, The Wall Street Journal reported. The license also gives Wintermute USA designated market maker status on exchanges including the New York Stock Exchange and Nasdaq. The newspaper said the move marks a crypto company’s entry into regulated Wall Street and lays the groundwork for an expansion into traditional financial services.