According to CoinMeta, on August 6, 2026, Wintermute announced that its subsidiary Wintermute USA LLC had been registered as a broker recognized by the Securities and Exchange Commission (SEC) and had joined the Financial Industry Regulatory Authority (FINRA). This registration enables it to trade traditional stocks and stock options, act as an authorized participant in exchange-traded products (including crypto ETP), and clear digital asset securities transactions. This move marks the migration of crypto market infrastructure towards Wall Street, and Wintermute USA LLC's registration will allow it to arbitrage between the crypto spot market and the regulated ETF market, capturing price differences.