Crypto market maker Wintermute launches WTI crude oil CFD

PANews, March 25 – According to a certain exchange, crypto market maker Wintermute has launched an over-the-counter WTI crude oil contract for difference (CFD) via its derivatives division Wintermute Asia. This allows traders to use fiat or crypto assets as collateral and conduct trading 24/7 via chat, electronic OTC platforms, or API. Unlike perpetual contracts listed on traditional exchanges, CFDs offer professional traders and institutions flexible customization, enabling strategies tailored to specific risk and return objectives. Wintermute acts as the counterparty in these CFDs and undertakes market risk. Previously, Wintermute Asia had launched a tokenized gold product; this move further expands its product line beyond pure digital assets.