Wintermute Launches Contracts for Difference Linked to the GMUSA Index
2025-01-28 15:28:54
Wintermute Asia, a Singaporean derivatives trading entity owned by cryptocurrency market maker Wintermute, has launched Contracts for Difference (CFDs) linked to the GMCI US Select Index, which tracks the performance of top cryptocurrency projects with legal entities in the US based on supply in circulation, enabling traders to quickly adapt to changing market narratives, particularly about the potential for building strategic digital asset reserves.
Payments-focused cryptocurrencies XRP, Solana's SOL, and memecoin DOGE have the highest weights in the index, which also includes ADA, AVAX, LINK, UNI, HBAR, NEAR, LTC, and APT. The index is up more than 160 percent since Donald Trump's victory in the US Presidential Election in early November.