ICE Partners With Trade[XYZ] to Bring $650B Hyperliquid Futures Market to the U.S.

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, is partnering with Trade[XYZ] to bring round-the-clock perpetual futures trading to the U.S. The proposed platform will leverage Hyperliquid’s market technology infrastructure, while harnessing ICE’s experience in regulated exchanges and clearing. The companies plan to create a separate market for perpetual futures on the U.S. exchange, subject to approval from the Commodity Futures Trading Commission (CFTC). The planned place would provide contracts based on cryptocurrencies and traditional assets such as stocks, stock indexes, commodities, foreign exchange, etc. Permanent contracts are not terminated and expire unlike normal futures.