ICE, the owner of the NYSE, is taking steps to bring Hyperliquid-based perpetual futures to the United States, and the news drives a sharp jump in Hyperliquid’s HYPE token. Cointelegraph, Decrypt and The Block all report the same development in terms of ICE partnering with Trade[XYZ] to launch US perps linked to Hyperliquid.
Across outlets, the proposed product is described as “regulated” and “perpetual futures,” with the launch tied to an ICE/Trade[XYZ] arrangement. CoinDesk adds more detail about what the planned venue could offer, saying it would run 24/7 perpetual futures spanning stocks, commodities and crypto, subject to CFTC approval. The token reaction is also broadly consistent, with reports citing around the mid-teens percentage gains.
Overall, the coverage aligns on the central story: ICE is looking to extend its derivatives presence in the US via a Hyperliquid-perps offering, and HYPE rises on the announcement.