HYPE Price Jumps 10% as NYSE Parent ICE Eyes US Perpetual Futures Launch on Hyperliquid

HIGHLIGHTS HYPE price surges after NYSE parent ICE announced plans for regulated U.S. perpetual futures on Hyperliquid. ICE and Trade[XYZ] plan to offer 24/7 futures covering stocks, commodities, forex, and crypto, pending CFTC approval. Trade[XYZ] will expand its existing Hyperliquid markets, which have surpassed $650 billion in trading volume. Hyperliquid's HYPE token rallied over 10% to trade at $90 after Intercontinental Exchange (ICE), the NYSE owner, unveiled plans for U.S. perpetual futures. ICE is partnering with Trade [XYZ] on the proposed venue, which would use Hyperliquid infrastructure and require CFTC approval.