NYSE owner ICE takes stake in Trade(.)xyz, plans US-regulated Hyperliquid perpetual futures market

The owner of the New York Stock Exchange, ICE, is taking a stake in Trade(.)xyz and plans to build a US-regulated perpetual futures market on Hyperliquid with its own clearing, KYC and AML, pending CFTC approval. The 24/7 market will offer contracts tied to stocks, indices, commodities, forex and crypto, and will also be offered to retail through ICE's OKX joint venture, with ICE as exclusive operator. Stan Druckenmiller is also a backer. $HYPE surged 9% on the news.

Detected & updated continuously · Source: Nebula