Who Profits When Hyperliquid Hits the US?
By Jeff Albus
AI summary of the source article
Intercontinental Exchange agreed to operate a regulated U.S. market for perpetual futures built on crypto derivatives exchange Hyperliquid. Following the announcement, Hyperliquid's native token HYPE rose about 13% to near $90.
Key facts
- Intercontinental Exchange agreed to run a regulated U.S. market for perpetual futures built on Hyperliquid.
- Stan Druckenmiller confirmed he is an investor in ICE's partner, startup Trade[XYZ].
- Hyperliquid's native token HYPE rose about 13% following the announcement to near $90.
Source excerpt · Unchained
Intercontinental Exchange (ICE), the company that owns the New York Stock Exchange, agreed on Thursday to run a regulated US market for perpetual futures, contracts that never expire, built on the crypto derivatives exchange Hyperliquid. Stan Druckenmiller said he is an investor in ICE’s partner, a startup called Trade[XYZ]. HYPE, ... The post Who Profits When Hyperliquid Hits the US? appeared fir…