
Druckenmiller invests in Trade[XYZ] as ICE moves Hyperliquid perps onshore in US
- —ICE will be the exclusive operator of Trade[XYZ]'s regulated US market
- —Launch hinges on CFTC approval; no timeline given
- —Trade[XYZ] says its Hyperliquid market has topped $650B in volume over a year
- —Trading will run through futures commission merchants, including the ICE-OKX joint venture
Why it matters: Round-the-clock perps gain a compliant US route via an NYSE-owned structure, strengthening institutional demand for Hyperliquid.
Source: 動區 BlockTempo
More on this
Exchanges · 00:04Druckenmiller's first X post backs Hyperliquid venture after $23 million indirect investment
Exchanges · yesterdayNYSE owner ICE partners with Trade.xyz to bring Hyperliquid perpetuals to US market
Markets · yesterdayMusk replies "interesting" to Druckenmiller's Hyperliquid post