Wincent Eyes U.S. Expansion Following 80% Staff Surge Since 2024

Wincent, a Gibraltar‑based crypto market maker, is preparing to enter the United States and is evaluating a move into traditional financial markets. Chief Executive Tom Mazur shared the plans with Finance Magnates after the firm’s rebrand on September 30.

“We have grown into a much larger, more institutional operation,” Mazur said.

London’s trading industry is coming home!

Its over‑the‑counter desk already trades with retail brokers, CFD providers, banks and exchange-traded fund
Exchange-Traded Fund (ETF)

An exchange-traded fund (ETF) is a collection of a mixture assets, i.e. stocks, commodities, bonds, or cryptocurrencies that tracks an index or underlying portfolio of investments.Of note, an ETF functions an arbitrage mechanism that is designed to keep it trading close to its net asset value. Most tradable ETFs track a specific index. This most commonly mirrors a stock or bond index. The popularity of ETFs has grown in recent years and are seen as an attractive investment due to its low cost, e

An exchange-traded fund (ETF) is a collection of a mixture assets, i.e. stocks, commodities, bonds, or cryptocurrencies that tracks an index or underlying portfolio of investments.Of note, an ETF functions an arbitrage mechanism that is designed to keep it trading close to its net asset value. Most tradable ETFs track a specific index. This most commonly mirrors a stock or bond index. The popularity of ETFs has grown in recent years and are seen as an attractive investment due to its low cost, e
Read this Term issuers, Mazur said in written answers to questions.

In March, Wincent made its crypto pricing available to CFD platforms through a partnership with Wyden, and it now reports more than $5 billion in average daily notional volume across over 15 exchanges and venues.

The firm operates through Wincent Investment Fund PCC Limited, an Experienced Investor Fund regulated by the Gibraltar Financial Services Commission (GFSC). Founders, management and staff contribute a large share of the fund’s capital, according to Mazur, and the fund remains closed to new investments.

Former Citadel Executive to Lead US Push

Shawn Egger has joined Wincent to head the U.S. expansion, Mazur said, noting that Egger previously held senior positions at Citadel and Crypto.com.

“My mandate is to build and expand Wincent’s presence across the United States, focusing on institutional relationships, market making, liquidity, tokenization and financial infrastructure,” Egger wrote on his LinkedIn last week.

Egger worked in FX sales at Citadel Securities from 2014, moved to Jefferies as a senior vice president in its forex sales team in 2018, and two years later was hired by crypto prime broker SFOX to run execution services, as reported by Hedgeweek.

The only regulator Wincent publicly cites is the GFSC. Mazur said the firm reviews the rules in each market where it operates or sees growth potential, and has no further licensing announcements to make.

Wintermute took a registered route into the same market, establishing a U.S. headquarters in New York in May 2025 and hiring a former Blockchain Association director to lead policy.

In August, its subsidiary Wintermute USA LLC registered as a broker‑dealer with the Securities and Exchange Commission (SEC), allowing it to trade U.S. equities and exchange‑traded products.

SBI‑owned B2C2 appointed a chief executive for its U.S. unit in New Jersey in September 2024.

Headcount Up 80% Since 2024

Wincent now employs 173 people, up from 96 in 2024 and 150 in 2025, Mazur said. Staff are spread across quantitative research, trading, engineering, institutional business development and support.

“We have become a much larger and more institutional business,” Mazur told Finance Magnates.

The firm says it trades more than 300 digital assets, executes over one million trades a day and has more than $750 million in deployed capital. When it joined Wyden’s network in March, it cited roughly 500,000 trades alongside the same $5 billion volume figure.

Brothers Matus and Michal Kopf founded Wincent in 2017 as a manual trading operation, Hedgeweek reported.

Both remain on the leadership team as co‑founders overseeing investments, while Mazur said he assumed the chief executive role in July.

“We have no intention of losing the entrepreneurial mindset,” he said, pointing to the speed and appetite for calculated risk that built the firm.

New offices will be opened only where a clear commercial case exists, according to Mazur. He gave no timeline for the U.S. expansion.

A Trading Firm Inside a Fund

The rebrand announcement described Wincent as both “a global investment fund” and “a global digital asset trading firm.” Mazur characterised it as a high‑frequency trading firm first, noting that the fund structure is simply how it organises its capital.

“Market making and trading are what we do,” Mazur said.

Crypto market making remains the priority, he said, but Wincent is selectively exploring tokenized assets and traditional markets where institutions seek deeper liquidity.

“Any expansion into adjacent markets will build on that foundation rather than come at its expense,” Mazur said.

Traffic also runs the other way: Citadel Securities took a $400 million stake in Crypto.com in July, as Crypto.com pushes into tokenized securities and derivatives.

Wincent’s business has been crypto‑native. In March, Boris Sebosik, chief business development officer, said about 60 % of Wincent’s OTC flow came from crypto‑native institutions.

He expected banks adding retail crypto products to shift that mix. Mazur now lists asset managers, hedge funds, token issuers, miners and fintechs among its counterparties, alongside exchanges.

Serving that range requires access to global banking rails, which Mazur said the firm has worked on for years.

Beyond the United States, Wincent lists offices in Zurich, London, Bratislava, Warsaw, Dubai and Hong Kong, among other cities. The rebrand swapped the firm’s gold for deep blue and redrew its dragon logo in a more geometric form, with the new identity already rolling out.

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