NYSE owner ICE plans US perpetual futures on Hyperliquid with Trade[XYZ]
Intercontinental Exchange, the owner of the New York Stock Exchange, is working with crypto startup Trade[XYZ] on a US market for perpetual futures built on Hyperliquid. The plan covers crypto, equities, commodities, and currencies and trades around the clock, but it still needs regulatory approval. For traders, it could mean more ways to trade these markets nonstop if the plan goes ahead.
Why it matters
- A major traditional exchange operator is backing a crypto-based derivatives venture on Hyperliquid.
- The planned market would run around the clock, unlike many traditional trading sessions.
- It would cover crypto, equities, commodities, and currencies in one venue.
What to watch next
Watch for a regulatory decision on the planned US Hyperliquid perpetual-futures market and any launch date from ICE and Trade[XYZ].
