News
Wintermute Brings 350+ Cryptocurrency Pairs to Traditional Finance via oneZero
Wintermute integrates crypto liquidity into oneZero’s ecosystem, expanding its reach into traditional finance (TradFi). This move gives banks and institutions access to over 350 crypto trading pairs with advanced features.
According to the press release, Wintermute Asia Pte. Ltd, a subsidiary of Global algorithmic trading company Wintermute Grouphas integrated its spot and CFD liquidity into the oneZero ecosystem.
The integration allows oneZero’s network of banks and financial institutions to access liquidity across over 350 crypto spot and CFD trading pairs. The development comes as Wintermute reports a three-fold increase in CFD trading volumes since the product was launched in March.
Evgeny Gaevoy, CEO of Wintermute Group, Source: LinkedIn
“We have seen a significant influx of traditional FX market participants entering the space, looking for top-tier liquidity providers,” commented Evgeny Gaevoy, CEO of Wintermute, highlighting the growing interest in cryptocurrency trading, particularly OTC-cleared derivatives like crypto CFDs.
Wintermute’s offering through oneZero includes tight spreads, competitive margins, no fees and 99.9% uptime. The company has also introduced multi-currency collateral support, allowing traders to use a variety of cryptocurrencies including liquid staking tokens, as collateral alongside fiat currency.
“Wintermute has an exceptional track record of providing robust liquidity for hundreds of digital assets, ensuring market access for banks and other B2B clients,” commented Andrew Ralich, co-founder and CEO of oneZero.
“oneZero’s ability to deliver innovative multi-asset capabilities alongside our pioneering FX offerings, all underpinned by a robust data and analytics framework, continues to differentiate our offering.”
Recent collaborations
This integration follows the success of Wintermute partnership with CME in November 2023This initiative is expected to improve trading efficiency and capital management for participants in the oneZero ecosystem.
Sam Newman, Head of Digital Asset Brokerage, TP ICAP, Source: LinkedIn
“TP ICAP is excited to partner with Wintermute as another trusted participant in CME Group’s cryptocurrency block trading,” Sam Newman, head of digital asset brokerage at TP ICAP, commented last year. “In a growing and exciting market, it’s fantastic to see crypto-native companies like Wintermute gain access to traditional products and services, reinforcing our belief that this market is maturing.”
In December 2023, Wintermute has entered into a collaboration with WOO X Booster liquidity and market efficiency by acting as a designated liquidity provider. This partnership is part of WOO X’s business model transformation to integrate leading liquidity providers.
Two months ago, oneZero and Options Technology, a financial markets infrastructure service provider, also announced an expanded partnership. This collaboration aims to improve the integration between the oneZero platform and Options Activ’s consolidated data service through customized API connectivity. This enhancement is designed to streamline operations for joint clients by facilitating more efficient interaction between Options’ multi-asset class market data and oneZero’s liquidity, aggregation and risk management solutions.
Wintermute integrates crypto liquidity into oneZero’s ecosystem, expanding its reach into traditional finance (TradFi). This move gives banks and institutions access to over 350 crypto trading pairs with advanced features.
According to the press release, Wintermute Asia Pte. Ltd, a subsidiary of Global algorithmic trading company Wintermute Grouphas integrated its spot and CFD liquidity into the oneZero ecosystem.
The integration allows oneZero’s network of banks and financial institutions to access liquidity across over 350 crypto spot and CFD trading pairs. The development comes as Wintermute reports a three-fold increase in CFD trading volumes since the product was launched in March.
Evgeny Gaevoy, CEO of Wintermute Group, Source: LinkedIn
“We have seen a significant influx of traditional FX market participants entering the space, looking for top-tier liquidity providers,” commented Evgeny Gaevoy, CEO of Wintermute, highlighting the growing interest in cryptocurrency trading, particularly OTC-cleared derivatives like crypto CFDs.
Wintermute’s offering through oneZero includes tight spreads, competitive margins, no fees and 99.9% uptime. The company has also introduced multi-currency collateral support, allowing traders to use a variety of cryptocurrencies including liquid staking tokens, as collateral alongside fiat currency.
“Wintermute has an exceptional track record of providing robust liquidity for hundreds of digital assets, ensuring market access for banks and other B2B clients,” commented Andrew Ralich, co-founder and CEO of oneZero.
“oneZero’s ability to deliver innovative multi-asset capabilities alongside our pioneering FX offerings, all underpinned by a robust data and analytics framework, continues to differentiate our offering.”
Recent collaborations
This integration follows the success of Wintermute partnership with CME in November 2023This initiative is expected to improve trading efficiency and capital management for participants in the oneZero ecosystem.
Sam Newman, Head of Digital Asset Brokerage, TP ICAP, Source: LinkedIn
“TP ICAP is excited to partner with Wintermute as another trusted participant in CME Group’s cryptocurrency block trading,” Sam Newman, head of digital asset brokerage at TP ICAP, commented last year. “In a growing and exciting market, it’s fantastic to see crypto-native companies like Wintermute gain access to traditional products and services, reinforcing our belief that this market is maturing.”
In December 2023, Wintermute has entered into a collaboration with WOO X Booster liquidity and market efficiency by acting as a designated liquidity provider. This partnership is part of WOO X’s business model transformation to integrate leading liquidity providers.
Two months ago, oneZero and Options Technology, a financial markets infrastructure service provider, also announced an expanded partnership. This collaboration aims to improve the integration between the oneZero platform and Options Activ’s consolidated data service through customized API connectivity. This enhancement is designed to streamline operations for joint clients by facilitating more efficient interaction between Options’ multi-asset class market data and oneZero’s liquidity, aggregation and risk management solutions.