Headlines

Joseph Rees

Wintermute Registers as US Broker-Dealer, Eyes Tokenized Stocks

Key Takeaways Wintermute USA registered with SEC and FINRA, opening access to regulated U.S. securities trading. Wintermute’s $10B daily volume could intensify competition with Jane Street and Citadel Securities. Wintermute targets tokenized stocks and market-maker roles over the next 3-5 years. Wintermute Challenges Jane Street, Citadel With US Securities Push Wintermute is moving deeper into…

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Intesa Sanpaolo Cuts BTC ETF Stake by 94%, Triples Staked ETH Position

Strategic Expansion into Staked Ethereum Intesa Sanpaolo, Italy’s largest banking group, has reshaped its digital asset portfolio during the second quarter, slashing its spot bitcoin exchange-traded fund (ETF) position while tripling its holdings in a yield-generating ethereum product. According to a Securities and Exchange Commission (SEC) filing, Intesa reduced its stake in Blackrock’s iShares Bitcoin…

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