Intercontinental Exchange to Launch Regulated Perpetual Futures Market on Hyperliquid
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, has announced plans to launch a new regulated U.S. market for perpetual futures contracts built on the Hyperliquid blockchain. Developed by TradeXYZ—a firm closely linked to Hyperliquid—the initiative will see ICE take a minority stake in TradeXYZ pending regulatory approval. The partnership represents a significant bridge between traditional finance and decentralized infrastructure. By utilizing Hyperliquid's technology, ICE aims to expand its derivatives offerings, while Hyperliquid stands to benefit from increased network activity and fee revenue. This development follows a period of high growth for the Hyperliquid ecosystem, which recently processed $217.2 billion in perpetual futures volume over a 30-day period.
Tickers: $ICE
Topics: Blockchain Technology Crypto Integration Derivatives Exchange Perpetual Futures
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Part of the story Stanley Druckenmiller Invests in Hyperliquid Ecosystem via TradeXYZ and Hyperliquid Strategies (2 articles)