Update
Hyperliquid Strategies Seeks FCM Registration for US Perpetual Futures
Hyperliquid Strategies, a Nasdaq-listed company (PURR), has filed to register as a futures commission merchant (FCM). The filing aims to provide U.S. customers with access to perpetual futures on Hyperliquid through restricted markets. CEO David Schamis mentioned that this initiative aligns with the company's plans for U.S. market access and its investment in HYPE. Hyperliquid Strategies spent $785 million on 9.1 million HYPE tokens during the quarter, increasing its holdings from 29.3 million to 38.5 million. The company reported $245.3 million in quarterly net income, with unrealized gains from HYPE accounting for $803 million.