Crypto’s Asia Pivot Spurs Market Maker to Boost Singapore Base

The co-founder of leading crypto market maker Wintermute Trading Ltd. plans to move to Singapore along with some of his staff as the digital-asset industry increasingly turns to Asia for growth opportunities.

Yoann Turpinsaid in an interview he’ll move from London officially in a few months and that about 4% of the company’s roughly 85 staff are also due to relocate to the city-state, where Wintermute conducts derivatives business.

“We are much more focused on Asia,” Turpin said on the sidelines of a web3 conference in Tokyo earlier this week. “We send a strong signal by having me as ...