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https://t.co/UcL5S4UdBe Founder’s Long Read: Partnering with ICE to Bring Perpetuals to the U.S. 381 days after launching its first market on Hyperliquid, trade[XYZ] has partnered with ICE, the parent company of the New York Stock Exchange. Founder @sershokunin announced that the two parties plan to bring Hyperliquid’s perpetual contracts to the regulated U.S. market, pending regulatory approval. trade[XYZ] has already launched over 100 markets, achieving an annualized trading volume of approximately $1 trillion, and introduced products such as perpetual contracts for pre-IPO companies. According to him, ICE has selected trade[XYZ] as its exclusive partner to launch 24/7 perpetuals in the U.S. In the article, he envisions a future where users can trade across multiple markets—stocks, commodities, and crypto assets—using a single account and one collateral asset. Even on a Saturday night when breaking news emerges, users could use tokenized stocks as collateral to hedge with index contracts and trade oil or contracts for private companies. Beyond existing stocks and commodities, he hopes to expand coverage in the future to include bonds, computing power, interest rates, volatility, and more assets—enabling users to trade anytime. Previously inaccessible to Americans, these markets will now offer innovative products backed by U.S. regulatory protections.

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