Crypto Market Maker Wintermute Gets SEC Approval to Trade Stocks and ETFs

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Wintermute, a prominent cryptocurrency market maker, has received approval from the U.S. Securities and Exchange Commission to trade equities and ETF blocks. The green light allows the firm to expand its operations into US stocks and options markets. This marks a significant step for a crypto-native firm crossing over into traditional financial markets. The development reflects a broader trend of convergence between the cryptocurrency industry and conventional financial systems.

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