Update
Payward to Launch Regulated US Perpetual Futures Markets on Hyperliquid
Payward, the parent company of Kraken, plans to launch regulated US perpetual futures markets on Hyperliquid, a blockchain-based trading infrastructure. The arrangement would put Bitnomial, Payward's regulated derivatives subsidiary, in charge of creating, managing, clearing, and settling contracts. NinjaTrader Clearing, Payward's registered futures commission merchant, would handle customer accounts. The Hyperliquid HIP-3 upgrade, currently available on testnet, would allow market operators to restrict access through an onchain allowlist of approved participants. The upgrade is optional and would not affect existing markets.