The largest crypto liquidity provider registered with FINRA on August 6. The move signals something larger than one firm’s expansion: the infrastructure that runs crypto markets is migrating onto Wall Street rails.
Summary
- Wintermute USA LLC registered as a broker dealer with the SEC and FINRA on August 6, 2026, establishing the firm as a regulated proprietary trading entity in U.S. markets with the ability to trade equities, equity options, and exchange traded products tied to digital assets.
- The registration enables Wintermute to act as an authorized participant (AP) for crypto ETPs, meaning it can create and redeem ETF shares directly with issuers, a role that gives it…
