According to Deep Tide TechFlow, on May 15, The Block reported that crypto market maker Wintermute announced it will open its first U.S. headquarters in Lower Manhattan, New York City on June 1. At the same time, the company appointed policy veteran Ron Hammond as the head of policy and advocacy. Hammond previously served as the senior director of government relations at the Blockchain Association and was involved in the formulation of several regulatory bills for the crypto industry.
Wintermute CEO Evgeny Gaevoy stated: "As the U.S. policy towards digital assets and blockchain innovation becomes more favorable, we decided to act quickly to establish a foothold in New York City, the financial capital of the world." This move comes as the Trump administration takes a supportive stance towards the crypto industry, including the appointment of friendly regulators.