Musk Reposts Druckenmiller’s Trade.xyz Investment Disclosure, Says ‘Interesting’

Elon Musk reposted investor Stanley Druckenmiller’s disclosure that he had invested in Trade.xyz on Thursday and wrote, “Interesting.” Druckenmiller said he expects to use Trade.xyz’s products in his investment process. Druckenmiller’s investment in Trade.xyz and the company’s partnership with ICE underpin the planned U.S. market. The companies are planning a U.S. venue for Hyperliquid-based perpetual contracts, which have no fixed expiration date. Intercontinental Exchange plans to invest in Trade.xyz. The announcement did not give a launch date. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.