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Crypto & Bitcoin

Crypto News: NYSE Parent ICE Takes Stake in Hyperliquid-Based Perpetual Futures Exchange Trade.xyz

Reported by Godfrey Benjamin, The Coin Republic

Image: The Coin Republic

Key Insights: Crypto news reports that NYSE parent ICE has taken a stake in Trade.xyz to support plans for a regulated US perpetual futures market Trade.xyz plans to use Hyperliquid infrastructure to offer perpetual futures linked to stocks, indexes, commodities, and currencies. NYSE parent ICE and Trade.xyz are awaiting regulatory approval for a market with dedicated clearing and anti-money laundering controls. Crypto news turned to traditional finance after Intercontinental Exchange (ICE), the NYSE parent, partnered with Trade.xyz to plan a US perpetual futures market built on Hyperliquid, subject to regulatory approval.

This is an excerpt. The reporting belongs to The Coin Republic.

Read the full report on thecoinrepublic.com
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