Wintermute, a global algorithmic trading firm, is expanding its presence in the tokenized securities market by offering round-the-clock over-the-counter (OTC) trading support for BlackRock's USD Institutional Digital Liquidity Fund (BUIDL). BUIDL, the world's largest tokenized fund, launched in March 2024 and provides exposure to U.S. Treasury bills and repurchase agreements through blockchain technology. Wintermute aims to enhance liquidity and accessibility for institutional investors trading tokenized securities. The move aligns with growing institutional interest in digital assets, and Wintermute seeks to bridge the liquidity gap and provide easy access to digital assets for traditional financial institutions. Wintermute has implemented several technological and operational enhancements throughout 2024, including integrating with oneZero's EcoSystem and launching cryptocurrency CFD products.



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