Wintermute integrates crypto liquidity into oneZero’s EcoSystem, expanding its reach in traditional finance (TradFi). The move allows banks and institutions to access over 350 crypto trading pairs with advanced features.

Crypto Liquidity Provider Wintermute Expands TradFi Reach

According to the press release, Wintermute Asia Pte. Ltd, a subsidiary of global algorithmic trading firm Wintermute Group, has integrated its spot and CFD liquidity into oneZero’s EcoSystem.

The integration allows oneZero’s network of banks and financial institutions to access liquidity for over 350 spot and CFD crypto trading pairs. This development comes as Wintermute reports a threefold increase in CFD trading volumes since launching the product in March.

“We’ve seen a significant influx of traditional FX market participants entering the space, seeking top-tier liquidity providers,” Evgeny Gaevoy, CEO of Wintermute, commented, noting the growing interest in crypto 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 various cryptocurrencies, including liquid staking tokens, as collateral alongside fiat.

“Wintermute has an outstanding track record of providing robust liquidity for hundreds of digital assets, ensuring market access for banks and other B2B clientele,” Andrew Ralich, oneZero’s Co-Founder and CEO, commented.

“oneZero’s ability to offer innovative, multi-asset capabilities alongside our pioneering FX offerings, all backed by a robust data and analytics framework, continues to differentiate our offering.”

Recent Collaborations

This integration follows Wintermute’s successful partnership with CME in November 2023. The move is expected to enhance trading efficiency and capital management for participants in the oneZero ecosystem.

“TP ICAP is thrilled to be working with Wintermute as another trusted participant block trading CME Group cryptocurrency products,” Sam Newman, Digital Assets Head of Broking at TP ICAP, commented last year. “In such a fast-growing and exciting market, it is fantastic to see crypto-native firms such as Wintermute accessing traditional products and services, solidifying our belief that the maturation of this market is building momentum.”

In December 2023, Wintermute entered into a collaboration with WOO X to boost liquidity and market efficiency by serving as a designated liquidity provider. This partnership is part of WOO X’s transformation of its business model, which involves integrating leading liquidity providers.

Two months ago, oneZero and Options Technology, a capital markets infrastructure service provider, also announced an expanded partnership. The collaboration aims to improve the integration between oneZero’s platform and Options Activ’s consolidated data service through custom API connectivity. This enhancement is designed to streamline operations for joint customers by facilitating more efficient interaction between Options’ multi-asset class market data and oneZero’s liquidity, aggregation, and risk management solutions.