Wintermute Launches Crypto CFD Product on NODE Platform

According to Odaily, cryptocurrency market maker Wintermute has announced the launch of its crypto CFD (Contract for Difference) product on the electronic OTC platform Wintermute NODE. Since its introduction in February this year, Wintermute's crypto CFD trading volume has increased 19-fold between March and August. The company has also pioneered the introduction of GMCI index CFD trading on its OTC desk. Wintermute CEO Evgeny Gaevoy expressed confidence that the adoption and market expansion of crypto derivatives will surpass that of traditional financial sectors. The new feature supports the use of almost any fiat or crypto asset as margin for derivative trading, including cryptocurrencies, fiat currencies, and liquid staking tokens.