Market interest around Hyperliquid native token HYPE don rise after reports say Intercontinental Exchange, di owner of New York Stock Exchange, dey plan to bring Hyperliquid futures to United States. ICE dey invest in trade[XYZ] to build regulated US market for round-the-clock futures on Hyperliquid, according to Yahoo Finance.
Reports put HYPE price jump between 7% and 10%. Yahoo Finance say HYPE rose 7% on di news, while Crypto Briefing report a 10% surge. Di token na native asset of Hyperliquid, trading platform wey build on im own blockchain.
trade[XYZ] dey run perpetual futures on Hyperliquid. Di contracts dey track stocks, indexes, commodities and crypto, and dem no dey expire. Di firm say those markets pass $650 billion in volume in just over a year, but US residents no fit use them.
Di planned venue go offer equities, indexes, commodities, currencies and crypto through brokers. E still need approval from Commodity Futures Trading Commission, di US derivatives regulator. No launch date don set.
A key figure behind trade[XYZ] talk say ICE pick di firm as im exclusive partner. Hedge fund veteran Stan Druckenmiller also dey join. Still, neither company don talk whether di US venue go pay anything back to HYPE.
On September 17, BeInCrypto report say Kraken parent Payward plan Hyperliquid futures for Americans through Bitnomial, CFTC-regulated exchange. HYPE climb from about $78 that day to record $97.96. Di last rally on US-access news fade within six weeks, according to Yahoo Finance.
