The leading Wintermute company, Cryptocurrency Market, has revealed plans to expand its business to the United States amid the emergence of a more suitable environment for digital assets in the country.
Wintermute Evgeny Gaevoy CEO Detected The company’s plans in an interview with Bloomberg at the Conference on the Connuation of the Construction of Hong Kong. Givwe said that Wintermute is looking to open an office in New York and introduce new products to the country’s encryption users.
Winter expands to the United States
According to Gaevoy, Wintermute added a new focus to the United States to its expansion plans. For this purpose, the company intends to increase the number of employees by five or ten people – it currently has a team of 130.
The decision to expand its business to the United States comes shortly after the completion of Wintermute, a financing round led by the giant TENCENT company for Chinese technology. In July 2024, Word was wandering that Wintermute had been in talks about collecting between $ 100 million and $ 300 million – a deal that would increase its evaluation to about two billion dollars. However, sources familiar with the matter confirmed that the financing round was successful, but it failed to reveal the amount that was collected.
It is worth noting that the winter is previously Arise 20 million dollars in January 2021 in a series of financing B series, led by LightSpeed, Lightspeed, with the participation of investment entities in digital assets such as Pantera Capital and Hack VC.
Regarding the expansion plans in Wintermute, Gaevoy has optimistic about the advantages that could come from favorable regulatory changes in the United States. He stated that other countries are vulnerable to following up similar developments.
Trump friendly encryption system
Since the US -friendly US -friendly President, Donald Trump, took office in January, many companies that left the country or stopped some services revealed plans to resume operations. The past few years have witnessed that the Securities and Stock Exchange Committee (SEC), under the leadership of former President Gary Ginsner, is organizing the encryption industry through enforcement and leadership of companies and innovative products outside the country.
One of the entities affected by the SEC verbs is Kraken. The platform was fined 30 million dollars in early 2023 to provide encryption services to US customers. SEC accused the stock exchange of providing unregistered securities, and Kraken agreed to pay the punishment and close the service without accepting or rejecting any violations.
On January 30, Kraken Crypto Stokeing resumed in the United States, making the product available in 37 states and regions.
Binance Free $ 600 (Full Details).
Limited offer for Cryptopotato readers in Bybit: Use this link to register and open a $ 500 free site on any coin!
