Wintermute Launches OTC Trading for BUIDL Token, Facilitating Institutional Access

• Wintermute launches OTC trading for institutional-focused BUIDL token.
• BUIDL token integrates traditional and blockchain markets with expanded liquidity.
• OTC trading offers flexibility for large crypto investors.

Wintermute, a global leader in algorithmic trading and liquidity provision for crypto assets, has taken another innovative step by becoming the first platform to offer over-the-counter (OTC) trading for BlackRock’s BUIDL token. This initiative meets a growing demand from institutional investors and crypto-native organizations seeking tailored solutions. for large transactions, often unfeasible on traditional public exchanges.

Wintermute CEO Evgeny Gaevoy highlighted the strategic relevance of this move in a recent interview. He stated that the BUIDL token has strong demand in the OTC market, especially among financial institutions and centralized exchanges, which need greater liquidity and flexibility. According to Gaevoy, “our goal is to fill the gap in the crypto asset value chain by providing accessibility and efficiency for large transactions in secondary markets.”

The BUIDL token, launched on the Ethereum blockchain, goes beyond being a speculative asset. It was designed to incentivize building and participating in the blockchain ecosystem, becoming an indispensable asset in collateralized lending protocols. These protocols allow investors to use the token as collateral to access credit, a clear example of the integration between traditional financial markets and decentralized finance (DeFi). With this functionality, BUIDL has proven to be an attractive asset for investors looking for long-term options that are less susceptible to extreme volatility.

Additionally, BUIDL’s OTC trading meets a critical need for institutions that require large volumes and customized solutions, away from the limitations of public exchanges. This type of trading offers greater privacy, efficiency and the ability to execute trades at reduced costs, which are essential elements for large players in the financial market.

Wintermute has established itself as a bridge between traditional finance and the crypto market, standing out for its robust infrastructure and in-depth market analysis. Although BUIDL has lower liquidity when compared to giants like Bitcoin and Ethereum, its role in blockchain projects makes it essential to the evolution of the digital ecosystem. With 24/7 availability for OTC trading, Wintermute reinforces its commitment to facilitating access to innovative crypto assets, solidifying its position as a leader in the digital asset space.