Wintermute Addresses SEC Over Tokenized Securities Amidst Regulatory Scrutiny

Cryptocurrency market maker Wintermute has directly engaged the U.S. Securities and Exchange Commission (SEC) regarding tokenized securities in light of growing regulatory actions targeting this area. This engagement comes amidst broader efforts by major exchanges like Coinbase and Kraken to secure licenses within the U.S. market. The move signals a significant challenge for the nascent US digital asset market, impacting how platforms operate under existing regulations.