Update
Intercontinental Exchange to Bring Hyperliquid Perpetual Futures to US
Intercontinental Exchange (ICE) signed a deal with Trade[XYZ] to launch regulated perpetual futures built on Hyperliquid in the United States. HYPE, the token behind Hyperliquid, jumped about 13% on Thursday, reaching a high of $92.10 on KuCoin. The token now trades at around a $22.4 billion market capitalization. ICE will take a strategic stake in Trade[XYZ], a company that runs markets for real-world assets on Hyperliquid, and will build a dedicated retail market and clearing structure for the product, which still needs regulatory approvals and has no launch date.