A subsidiary of Nasdaq-listed Hyperliquid Strategies is seeking to enter the U.S. derivatives market as a futures commission merchant (FCM), a regulatory step aimed at bringing Hyperliquid-based...
Hyperliquid Strategies seeks a regulated foothold in US perpetual futures as its HYPE holdings generate $803 million in unrealized gains.
The HYPE treasury company spent $785 million on tokens during the quarter and wants to bring Hyperliquid-based perpetual futures to the US.
The company said it's trying to establish a U.S. "futures commission merchant" with full compliance for activity with U.S. clients, though the timing is uncertain.
Binance has reopened withdrawals for 62 tokens across six networks, but Hyperliquid’s HYPE remains missing from its latest recovery list after the $6.3B hack.
HYPE was trading about 14% below the price used to value the company's quarter-end token holdings.... Read the full story at The Defiant
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