NYSE Owner ICE to Bring Hyperliquid Perps to the US Through Trade.xyz Partnership
By Unchained
AI summary of the source article
Intercontinental Exchange is investing in Trade.xyz to collaborate on offering 24/7 Hyperliquid-based perpetual futures to U.S. traders, subject to CFTC approval. Billionaire investor Stan Druckenmiller is also joining the investment.
Why it matters
Trade.xyz stated that “Innovation and the protections of U.S. regulation shouldn’t be a trade-off.”
Key facts
- ICE is investing an undisclosed amount in Trade.xyz to develop a U.S. market offering 24/7 Hyperliquid-based perpetual futures across equities, FX, commodities, indices, and crypto.
- The planned separate U.S. market with its own exchange and clearing setup on Hyperliquid is pending CFTC approval.
- Billionaire investor Stan Druckenmiller is also investing in Trade.xyz alongside ICE.
Source excerpt · Unchained
The pair want a separate U.S. exchange and clearinghouse for round-the-clock Hyperliquid contracts, which still needs CFTC sign-off. Stan Druckenmiller is also investing. The post NYSE Owner ICE to Bring Hyperliquid Perps to the US Through Trade.xyz Partnership appeared first on Unchained .